Argentina-Import Measures: How a Porsche is Worth Peanuts

Conconi, Paola and Schepel, Harm (2017) Argentina-Import Measures: How a Porsche is Worth Peanuts. World Trade Review, 16 (2). pp. 349-369. ISSN 1474-7456. (doi:https://doi.org/10.1017/S1474745616000574) (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided)

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Official URL
https://doi.org/10.1017/S1474745616000574

Abstract

The dispute Argentina-Measures Affecting the Importation of Goods concerns a series of measures imposed by Argentine authorities on economic operators as a condition for obtaining import licenses. These measures were introduced with the goal of advancing the Argentine government's stated policies of re-industrialization, import substitution, and elimination of trade balance deficits. From a legal point of view, the least interesting feature of the dispute was the substantive compatibility of these measures with Article XI:1 GATT as they clearly constituted import restrictions. Identifying and classifying the measures involved, however, proved more challenging: based on vague policy guidelines, devoid of any legal basis, and consisting largely of wholly discretionary ad hoc action by the authorities, clouded in confidential obscurity, the measures escaped familiar categories and distinctions of WTO law. From an economic perspective, although Argentina's measures appear to have had no impact on its overall imports, they imposed large costs on foreign companies, as well as on Argentine importers and consumers.

Item Type: Article
Subjects: K Law > K Law (General)
Divisions: Faculties > Social Sciences > Kent Law School
Depositing User: Harm Schepel
Date Deposited: 04 Jul 2017 20:01 UTC
Last Modified: 05 Jul 2017 15:15 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/62216 (The current URI for this page, for reference purposes)
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