International Rules and Institutions for Trade Policy
AbstractWhat are the potential benefits from establishing international rules for the conduct of trade policy and how should these rules be designed? These questions are of central importance to the evolution of national trade policies in the post-war era, a period in which an elaborate system of international rules has evolved to facilitate the process of reciprocal trade liberalization. Yet the theory of trade policy has traditionally had little to say about these rules and the issues that underlie them. Below I review and synthesize several of the currents of a growing literature that is concerned with these questions. I attempt to accomplish three objectives: To describe the basic structure of international trade agreements as they exist in practice; to explore theoretically the normative consequences of actual and alternative trade agreements; and to offer some theoretically-based explanation for the structure of trade agreements that we observe. I attempt to achieve the first objective by describing the important features of the General Agreement on Tariffs and Trade. I attempt to achieve the latter two objectives by reviewing a body of literature and drawing out its implications as they relate to these issues.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 4962.
Date of creation: Dec 1994
Date of revision:
Publication status: published as The Handbook of International Economics, Vol. 3, North Holland, 1995.
Contact details of provider:
Postal: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.
Web page: http://www.nber.org
More information through EDIRC
Other versions of this item:
- Staiger, Robert W., 1995. "International rules and institutions for trade policy," Handbook of International Economics, in: G. M. Grossman & K. Rogoff (ed.), Handbook of International Economics, edition 1, volume 3, chapter 29, pages 1495-1551 Elsevier.
- F1 - International Economics - - Trade
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page. reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.