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How is trade in services conducted under the WTO in the absence of the Doha conclusion?
What is the difference between a free trade agreement and a preferential trade agreement?How do Trade Costs work in International Trade?Is comparative advantage only beneficial with convex utility functions?How can a RTA have a trade imbalance with itself?Is there merit to the argument of reducing the US trade deficitTrade in services between the US and ChinaHow are robocallers able to make international calls profitable?Do free-trade agreements typically include clauses relating to services?How does a budget deficit help grow a trade deficit?Are services included in the calculation of a trade deficit?
$begingroup$
The Doha round of negotiations for the WTO had a focus on services, but that round has not been concluded.
Does that mean that trade in services between trading partners without a preferential trade agreement in place, for example the EU and the USA is effectively prohibited? Or legislated for on a case-by case basis?
Or is trade in services effectively unaffected by the traditional tariff model of the WTO?
international-trade services
$endgroup$
add a comment |
$begingroup$
The Doha round of negotiations for the WTO had a focus on services, but that round has not been concluded.
Does that mean that trade in services between trading partners without a preferential trade agreement in place, for example the EU and the USA is effectively prohibited? Or legislated for on a case-by case basis?
Or is trade in services effectively unaffected by the traditional tariff model of the WTO?
international-trade services
$endgroup$
add a comment |
$begingroup$
The Doha round of negotiations for the WTO had a focus on services, but that round has not been concluded.
Does that mean that trade in services between trading partners without a preferential trade agreement in place, for example the EU and the USA is effectively prohibited? Or legislated for on a case-by case basis?
Or is trade in services effectively unaffected by the traditional tariff model of the WTO?
international-trade services
$endgroup$
The Doha round of negotiations for the WTO had a focus on services, but that round has not been concluded.
Does that mean that trade in services between trading partners without a preferential trade agreement in place, for example the EU and the USA is effectively prohibited? Or legislated for on a case-by case basis?
Or is trade in services effectively unaffected by the traditional tariff model of the WTO?
international-trade services
international-trade services
edited 4 hours ago
Ben
asked 4 hours ago
BenBen
31819
31819
add a comment |
add a comment |
2 Answers
2
active
oldest
votes
$begingroup$
Trade in services is typically restricted by non-tariff barriers. Examples might include:
- Restrict professional service provision to your citizens and graduates of your universities, passing your qualifying exams
- Restrict public procurement to companies owned by citizens of your country, staffed by your citizens and with staff cleared by your security services
- Restrict road and sea transport to vehicles and vessels registered in your country using crews based on your citizenship
- Require international banks and insurance companies to comply with your regulations and deposit reserves in your central bank and buy your government debt
- Require service providers to have local subsidiaries incorporated and locally controlled in your country rather than branches controlled from their home county
- Require companies providing services in your country to comply with your environmental regulations outside your country
- Prevent third-country carriers from providing air services within or to/from your country
- Prevent information technology companies from transferring data across borders
$endgroup$
$begingroup$
Thanks. So services are typically exempt from MFN rules because they do not accrue tariffs in the same way?
$endgroup$
– Ben
1 hour ago
1
$begingroup$
@Ben In the US, lawyers from many states cannot practise in others, though some states have reciprocity agreements. So in that example there is not even MFN status for services within a single country
$endgroup$
– Henry
34 mins ago
$begingroup$
Thank you. Do you know if there are agreements in place between the EU and the US to facilitate trade in services? There is no FTA, but perhaps there might be individual separate agreements?
$endgroup$
– Ben
15 mins ago
add a comment |
$begingroup$
It's definitely not prohibited; the US-EU trade in services is worth some $200 billion (each way).
$endgroup$
$begingroup$
I’m trying to understand the state/bloc interventionism in the trade of services. In goods it is simpler. Tax the physical import and export of something. But do states/blocs control the purchasing of insurance or the sale of consulting services? Or is this left to individual companies and to decide whether to purchase services according to need? Countries are protectionist about goods: are they protectionist about services and do MFN rules apply to services?
$endgroup$
– Ben
2 hours ago
add a comment |
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2 Answers
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2 Answers
2
active
oldest
votes
active
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votes
$begingroup$
Trade in services is typically restricted by non-tariff barriers. Examples might include:
- Restrict professional service provision to your citizens and graduates of your universities, passing your qualifying exams
- Restrict public procurement to companies owned by citizens of your country, staffed by your citizens and with staff cleared by your security services
- Restrict road and sea transport to vehicles and vessels registered in your country using crews based on your citizenship
- Require international banks and insurance companies to comply with your regulations and deposit reserves in your central bank and buy your government debt
- Require service providers to have local subsidiaries incorporated and locally controlled in your country rather than branches controlled from their home county
- Require companies providing services in your country to comply with your environmental regulations outside your country
- Prevent third-country carriers from providing air services within or to/from your country
- Prevent information technology companies from transferring data across borders
$endgroup$
$begingroup$
Thanks. So services are typically exempt from MFN rules because they do not accrue tariffs in the same way?
$endgroup$
– Ben
1 hour ago
1
$begingroup$
@Ben In the US, lawyers from many states cannot practise in others, though some states have reciprocity agreements. So in that example there is not even MFN status for services within a single country
$endgroup$
– Henry
34 mins ago
$begingroup$
Thank you. Do you know if there are agreements in place between the EU and the US to facilitate trade in services? There is no FTA, but perhaps there might be individual separate agreements?
$endgroup$
– Ben
15 mins ago
add a comment |
$begingroup$
Trade in services is typically restricted by non-tariff barriers. Examples might include:
- Restrict professional service provision to your citizens and graduates of your universities, passing your qualifying exams
- Restrict public procurement to companies owned by citizens of your country, staffed by your citizens and with staff cleared by your security services
- Restrict road and sea transport to vehicles and vessels registered in your country using crews based on your citizenship
- Require international banks and insurance companies to comply with your regulations and deposit reserves in your central bank and buy your government debt
- Require service providers to have local subsidiaries incorporated and locally controlled in your country rather than branches controlled from their home county
- Require companies providing services in your country to comply with your environmental regulations outside your country
- Prevent third-country carriers from providing air services within or to/from your country
- Prevent information technology companies from transferring data across borders
$endgroup$
$begingroup$
Thanks. So services are typically exempt from MFN rules because they do not accrue tariffs in the same way?
$endgroup$
– Ben
1 hour ago
1
$begingroup$
@Ben In the US, lawyers from many states cannot practise in others, though some states have reciprocity agreements. So in that example there is not even MFN status for services within a single country
$endgroup$
– Henry
34 mins ago
$begingroup$
Thank you. Do you know if there are agreements in place between the EU and the US to facilitate trade in services? There is no FTA, but perhaps there might be individual separate agreements?
$endgroup$
– Ben
15 mins ago
add a comment |
$begingroup$
Trade in services is typically restricted by non-tariff barriers. Examples might include:
- Restrict professional service provision to your citizens and graduates of your universities, passing your qualifying exams
- Restrict public procurement to companies owned by citizens of your country, staffed by your citizens and with staff cleared by your security services
- Restrict road and sea transport to vehicles and vessels registered in your country using crews based on your citizenship
- Require international banks and insurance companies to comply with your regulations and deposit reserves in your central bank and buy your government debt
- Require service providers to have local subsidiaries incorporated and locally controlled in your country rather than branches controlled from their home county
- Require companies providing services in your country to comply with your environmental regulations outside your country
- Prevent third-country carriers from providing air services within or to/from your country
- Prevent information technology companies from transferring data across borders
$endgroup$
Trade in services is typically restricted by non-tariff barriers. Examples might include:
- Restrict professional service provision to your citizens and graduates of your universities, passing your qualifying exams
- Restrict public procurement to companies owned by citizens of your country, staffed by your citizens and with staff cleared by your security services
- Restrict road and sea transport to vehicles and vessels registered in your country using crews based on your citizenship
- Require international banks and insurance companies to comply with your regulations and deposit reserves in your central bank and buy your government debt
- Require service providers to have local subsidiaries incorporated and locally controlled in your country rather than branches controlled from their home county
- Require companies providing services in your country to comply with your environmental regulations outside your country
- Prevent third-country carriers from providing air services within or to/from your country
- Prevent information technology companies from transferring data across borders
answered 1 hour ago
HenryHenry
3,876316
3,876316
$begingroup$
Thanks. So services are typically exempt from MFN rules because they do not accrue tariffs in the same way?
$endgroup$
– Ben
1 hour ago
1
$begingroup$
@Ben In the US, lawyers from many states cannot practise in others, though some states have reciprocity agreements. So in that example there is not even MFN status for services within a single country
$endgroup$
– Henry
34 mins ago
$begingroup$
Thank you. Do you know if there are agreements in place between the EU and the US to facilitate trade in services? There is no FTA, but perhaps there might be individual separate agreements?
$endgroup$
– Ben
15 mins ago
add a comment |
$begingroup$
Thanks. So services are typically exempt from MFN rules because they do not accrue tariffs in the same way?
$endgroup$
– Ben
1 hour ago
1
$begingroup$
@Ben In the US, lawyers from many states cannot practise in others, though some states have reciprocity agreements. So in that example there is not even MFN status for services within a single country
$endgroup$
– Henry
34 mins ago
$begingroup$
Thank you. Do you know if there are agreements in place between the EU and the US to facilitate trade in services? There is no FTA, but perhaps there might be individual separate agreements?
$endgroup$
– Ben
15 mins ago
$begingroup$
Thanks. So services are typically exempt from MFN rules because they do not accrue tariffs in the same way?
$endgroup$
– Ben
1 hour ago
$begingroup$
Thanks. So services are typically exempt from MFN rules because they do not accrue tariffs in the same way?
$endgroup$
– Ben
1 hour ago
1
1
$begingroup$
@Ben In the US, lawyers from many states cannot practise in others, though some states have reciprocity agreements. So in that example there is not even MFN status for services within a single country
$endgroup$
– Henry
34 mins ago
$begingroup$
@Ben In the US, lawyers from many states cannot practise in others, though some states have reciprocity agreements. So in that example there is not even MFN status for services within a single country
$endgroup$
– Henry
34 mins ago
$begingroup$
Thank you. Do you know if there are agreements in place between the EU and the US to facilitate trade in services? There is no FTA, but perhaps there might be individual separate agreements?
$endgroup$
– Ben
15 mins ago
$begingroup$
Thank you. Do you know if there are agreements in place between the EU and the US to facilitate trade in services? There is no FTA, but perhaps there might be individual separate agreements?
$endgroup$
– Ben
15 mins ago
add a comment |
$begingroup$
It's definitely not prohibited; the US-EU trade in services is worth some $200 billion (each way).
$endgroup$
$begingroup$
I’m trying to understand the state/bloc interventionism in the trade of services. In goods it is simpler. Tax the physical import and export of something. But do states/blocs control the purchasing of insurance or the sale of consulting services? Or is this left to individual companies and to decide whether to purchase services according to need? Countries are protectionist about goods: are they protectionist about services and do MFN rules apply to services?
$endgroup$
– Ben
2 hours ago
add a comment |
$begingroup$
It's definitely not prohibited; the US-EU trade in services is worth some $200 billion (each way).
$endgroup$
$begingroup$
I’m trying to understand the state/bloc interventionism in the trade of services. In goods it is simpler. Tax the physical import and export of something. But do states/blocs control the purchasing of insurance or the sale of consulting services? Or is this left to individual companies and to decide whether to purchase services according to need? Countries are protectionist about goods: are they protectionist about services and do MFN rules apply to services?
$endgroup$
– Ben
2 hours ago
add a comment |
$begingroup$
It's definitely not prohibited; the US-EU trade in services is worth some $200 billion (each way).
$endgroup$
It's definitely not prohibited; the US-EU trade in services is worth some $200 billion (each way).
answered 2 hours ago
FizzFizz
781416
781416
$begingroup$
I’m trying to understand the state/bloc interventionism in the trade of services. In goods it is simpler. Tax the physical import and export of something. But do states/blocs control the purchasing of insurance or the sale of consulting services? Or is this left to individual companies and to decide whether to purchase services according to need? Countries are protectionist about goods: are they protectionist about services and do MFN rules apply to services?
$endgroup$
– Ben
2 hours ago
add a comment |
$begingroup$
I’m trying to understand the state/bloc interventionism in the trade of services. In goods it is simpler. Tax the physical import and export of something. But do states/blocs control the purchasing of insurance or the sale of consulting services? Or is this left to individual companies and to decide whether to purchase services according to need? Countries are protectionist about goods: are they protectionist about services and do MFN rules apply to services?
$endgroup$
– Ben
2 hours ago
$begingroup$
I’m trying to understand the state/bloc interventionism in the trade of services. In goods it is simpler. Tax the physical import and export of something. But do states/blocs control the purchasing of insurance or the sale of consulting services? Or is this left to individual companies and to decide whether to purchase services according to need? Countries are protectionist about goods: are they protectionist about services and do MFN rules apply to services?
$endgroup$
– Ben
2 hours ago
$begingroup$
I’m trying to understand the state/bloc interventionism in the trade of services. In goods it is simpler. Tax the physical import and export of something. But do states/blocs control the purchasing of insurance or the sale of consulting services? Or is this left to individual companies and to decide whether to purchase services according to need? Countries are protectionist about goods: are they protectionist about services and do MFN rules apply to services?
$endgroup$
– Ben
2 hours ago
add a comment |
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