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The rise of bilateralism: comparing American, European and Asian approaches to preferential trade agreements
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ISBN: 9789280811629 9280811622 9280871315 9789280871319 Year: 2009 Publisher: Tokyo United Nations University

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As multilateral negotiations become increasingly complex and protracted, preferential trade agreements have become the center of trade diplomacy, pushing beyond tariffs into deep integration and beyond regionalism into a web of bilateral deals, raising concerns about coercion by bigger players. This study examines American, European and Asian approaches to preferential trade agreements and their effects on trade, investment and economic welfare. It draws on theoretical works, but also examines the actual substance of agreements negotiated and envisaged.--Publisher's description.

Termites in the trading system: how preferential agreements undermine free trade
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ISBN: 9780195331653 0195331656 0199851859 1281825913 0199715904 9786611825911 0199743614 Year: 2008 Publisher: Oxford Oxford University Press

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Jagdish Bhagwati, the internationally renowned economist who uniquely combines a reputation as the leading scholar of international trade with a substantial presence in public policy on the important issues of the day, shines here a critical light on Preferential Trade Agreements, revealing how the rapid spread of PTA's endangers the world trading system. Numbering by now well over 300, and rapidly increasing, these preferential trade agreements, many taking the form of Free Trade Agreements, have re-created the unhappy situation of the 1930's, when world trade was undermined by discriminatory

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