The Significance of the Use of Alternative Benchmark Methodologies in the Process of WTO Anti-Subsidy Investigations
The use of alternative benchmarks in anti-subsidy investigations is embedded in the context of the WTO regulation of subsidies. This chapter hence sets a common basic understanding by presenting the factual and legal environment of the issues under scrutiny. It presents the WTO as major institution for international trade regulation (Sect. 2.1) and lays down the case for the regulation of subsidies (Sect. 2.2) as well as the respective legal framework in WTO law (Sect. 2.3). The particularities of the benefit calculation conclude the chapter (Sect. 2.4).