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180. The WTO is in trouble. Econ 101 to the rescue?

Trade Talks

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China's Role in the WTO and Market Access Commitments

The chapter explores the challenges of accommodating China, a non-market economy, within the WTO framework and discusses the importance of honoring reciprocal market access commitments. It raises questions about existing WTO rules and historical precedents related to non-market economies joining the multilateral trading system.

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