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Preferential Trading Areas and Multilateralism: Strangers, Friends or Foes?

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Author Info
Bhagwati, J.
Panagariya, A.

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Abstract

The question of Preferential Trading Areas, as we should call them in preference of the misleading phrase "Free Trade Areas" (and Customs Unions) which falsely equates them in the public mind and discourse with nonpreferential Free Trade, has never been distant from international economists' thoughts and concerns since the beginning of the postwar period when the architects of GATT had to confront them and accomodate them into the GATT via Article XXIV.

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Publisher Info
Paper provided by Columbia University, Department of Economics in its series Discussion Papers with number 1996_09.

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Length: 37 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:clu:wpaper:1996_09

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Related research
Keywords: TRADE; INTERNATIONAL TRADE; FREE TRADE;

Find related papers by JEL classification:
F10 - International Economics - - Trade - - - General
F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
F15 - International Economics - - Trade - - - Economic Integration

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This page was last updated on 2009-11-16.

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