On The Choice Of Trade Remedy Measures Under WTO Syetem

New trade theory introduces imperfect competition and economy of scale into analyzing of international trade theory, and gives government intervention a reasonable interpretation. The trade remedy measures under WTO system are legal and can be applied easily, so it could be the tools of strategic trade policy. Because the traditional means of strategic trade policy is restricted, the uses of trade remedy measures have been desirability to strategic trade policy.There are common elements in WTO system'trade remedy measures: injury of import, domestic industry being injured, and causality between injury of import and domestic industry being injured. The common elements make it possible to choose different remedy measures. Comparing the elements of trade remedy measures, we find that one trade remedy measure'element can include another measure', so the trade remedy measures have selectivity in WTO system.There are various factors which influence the choice of trade remedy measure. In this paper I will analyze the follow four factors: aim, cost, effect and risk of different trade remedy measures. There are three main aims such as protecting domestic industry, free trade and fair trade in applying trade remedy measures. The cost to apply trade remedy measures includes direct cost and opportunity cost. Because the functionary scope and degree is different, the trade remedy measures'effect is various. And the risk includes retaliation and losing in DSB.