Historical Evolution and Theoretical Analysis of International Trade and Labor Standards
Bo Liu
Abstract
Bo Liu
Abstract
It is an age-long dispute whether international labor standards should be connected with international trade and it is now still one of the heated topics in international trade negotiations, the essence of which lies in the fact that developed countries intend to use international labor standards as a new measure of trade protectionism. The theoretical foundations underlying arguments of both developed countries and developing countries are keys to this issue. China should quicken her pace of making labor laws so as to avoid such kinds of trade conflicts.
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It is an age-long dispute whether international labor standards should be connected with international trade and it is now still one of the heated topics in international trade negotiations, the essence of which lies in the fact that developed countries intend to use international labor standards as a new measure of trade protectionism. The theoretical foundations underlying arguments of both developed countries and developing countries are keys to this issue. China should quicken her pace of making labor laws so as to avoid such kinds of trade conflicts.
Key concepts: Protectionism, Pace, International trade, Negotiation, China, Economics, Multilateral trade negotiations, Trade barrier