The Abiding Tension Between Trade Remedy Law and Antitrust

What are the implications of international cooperation through trade agreements? Why do such agreements not address the problem of international spillovers in a non-cooperative environment by curtailing the use of trade remedy law, at least when it does not have some global efficiency justification? The answer relates to the fact that trade agreements do not pursue global efficiency, conventionally defined, but “political efficiency.” The resulting political equilibrium – even with interna