Stock Image

Quantifying the Impact of the WTO on Kuwait

Reyadh Faras

ISBN 10: 3845429607 / ISBN 13: 9783845429601
Published by LAP LAMBERT Academic Publishing
New Condition: New Soft cover
From BuySomeBooks (Las Vegas, NV, U.S.A.)

AbeBooks Seller Since May 21, 2012

Quantity Available: 20
Buy New
List Price: US$ 97.00
Price: US$ 153.65 Convert Currency
Shipping: US$ 3.95 Within U.S.A. Destination, Rates & Speeds
Add to basket

30 Day Return Policy


About this Item

Paperback. 172 pages. Dimensions: 8.7in. x 5.9in. x 0.4in.The major contribution of this study is to quantify the economic impact of Kuwaits membership in the World Trade Organization (WTO) on supply, demand, welfare and terms of trade. A general equilibrium international trade model is used to obtain quantitative results. The model is theoretically static and based on the assumptions of perfect competition and constant returns to scale. However, it was estimated and simulated dynamically. The simulation exercises gave a number of results. First, the agreement on tariffreduction has a very small (positive) effect on Kuwait because tariff rates are already low, making any reductions to have insignificant effects. Second, the antidumping agreement has a larger (negative) effect since it corresponds to higher increase in the price of the importable good. Third, the decline in the world. s price of the importable good as a result of globally implementing the WTO agreements has opposite effects but of the same magnitude to those of the antidumping agreement. Finally, the agreement on government procurement has the least effects since it increases exports only. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Bookseller Inventory # 9783845429601

Ask Seller a Question

Bibliographic Details

Title: Quantifying the Impact of the WTO on Kuwait

Publisher: LAP LAMBERT Academic Publishing

Binding: Paperback

Book Condition:New

Book Type: Paperback

About this title

Synopsis:

The major contribution of this study is to quantify the economic impact of Kuwait's membership in the World Trade Organization (WTO) on supply, demand,welfare and terms of trade. A general equilibrium international trade model is used to obtain quantitative results. The model is theoretically static and based on the assumptions of perfect competition and constant returns to scale. However, it was estimated and simulated dynamically.The simulation exercises gave a number of results. First, the agreement on tariffreduction has a very small (positive) effect on Kuwait because tariff rates are already low, making any reductions to have insignificant effects. Second, the antidumping agreement has a larger (negative) effect since it corresponds to higher increase in the price of the importable good. Third, the decline in the world.s price of the importable good as a result of globally implementing the WTO agreements has opposite effects but of the same magnitude to those of the antidumping agreement. Finally, the agreement on government procurement has the least effects since it increases exports only.

About the Author:

Dr. Reyadh Y. Faras, Ph.D. in Economics, West Virginia University, USA, 2002. Fields: Public Finance and Monetary Theory; Sept. 2002 – present Assistant Professor at the Department of Economics, Kuwait University. RESEARCH INTERESTS: Monetary Theory, Public Finance, International Trade, Economic Growth. CONTACTS: E-mail: reyadh@cba.edu.

"About this title" may belong to another edition of this title.

Store Description

BuySomeBooks is great place to get your books online. With over eight million titles available we're sure to have what you're looking for. Despite having a large selection of new books available for immediate shipment and excellent customer service, people still tell us they prefer us because of our prices.

Visit Seller's Storefront

Terms of Sale:

We guarantee the condition of every book as it's described on the Abebooks web
sites. If you're dissatisfied with your purchase (Incorrect Book/Not as
Described/Damaged) or if the order hasn't arrived, you're eligible for a refund
within 30 days of the estimated delivery date. If you've changed your mind about a book that you've ordered, please use the Ask bookseller a question link to contact us and we'll respond within 2 business days.

BuySomeBooks is operated by Drive-On-In, Inc., a Nevada co...

More Information
Shipping Terms:

Orders usually ship within 1-2 business days. Books are shipped from multiple locations so your order may arrive from Las Vegas,NV, Roseburg,OR, La Vergne,TN, Momence,IL, or Commerce,GA.

List this Seller's Books

Payment Methods
accepted by seller

Visa Mastercard American Express