Going Alone: The Case for Relaxed Reciprocity in Freeing Trade
- Jagdish Bhagwati() (Columbia University)
Since the end of World War II, the freeing of trade has been most visible in reciprocal liberalization agreements negotiated under the General Agreement on Tariffs and Trade, or GATT, and through increasing bilateral and plurilateral agreements. There has also, however, been a significant, if less visible, unilateral freeing of trade by several nations. This book, based on a research project directed by Jagdish Bhagwati, examines the experiences with such unilateral trade liberalization. Part 1 considers historical experiences, following Britain's unilateral embrace of free trade. Part 2 discusses recent examples, and Part 3 discusses unilateral liberalization in specific sectors. The substantive introduction provides a synthesis of the findings as well as theoretical support. It argues that although unilateral freeing of trade is generally less beneficial than reciprocity, it can trigger "sequential" reciprocity through example or by encouraging lobbies abroad to favor trade expansion.
To our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
- Alvaro Forteza & Daniel Buquet & Mario Ibarburu & Jorge Lanzaro & Andrés Pereyra & Eduardo Siandra & Marcel Vaillant, 2003. "Understanding reform. The Uruguayan case," Documentos de Trabajo (working papers) 0603, Department of Economics - dECON.
- Paul Wonnacott & Ronald Wonnacott, 2005.
"What's the Point of Reciprocal Trade Negotiations? Exports, Imports, and Gains from Trade,"
The World Economy,
Wiley Blackwell, vol. 28(1), pages 1-20, 01.
- Paul Wonnacott & Ronald Wonnacott, 2004. "What's the Point of Reciprocal Trade Negotiations? Exports, Imports, and Gains from Trade," Middlebury College Working Paper Series 0419, Middlebury College, Department of Economics.
- Ralph Ossa, 2008. "A 'New Trade' Theory of GATT/WTO Negotiations," CEP Discussion Papers dp0877, Centre for Economic Performance, LSE.
- Taiji Furusawa & Takashi Kamihigashi, 2012.
"Threats Or Promises? A Built-In Mechanism Of Gradual Reciprocal Trade Liberalization,"
The Japanese Economic Review,
Japanese Economic Association, vol. 63(2), pages 259-279, 06.
- Taiji Furusawa & Takashi Kamihigashi, 2011. "Threats or Promises? A Built-in Mechanism of Gradual Reciprocal Trade Liberalization," Discussion Paper Series DP2011-27, Research Institute for Economics & Business Administration, Kobe University, revised Jan 2012.
- Tu, Anh Thuy & Beghin, John C., 2004. "Intra-Industry Trade, Imperfect Competition, Trade Integration and Invasive Species Risk," 2004 Annual meeting, August 1-4, Denver, CO 20032, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
When requesting a correction, please mention this item's handle: RePEc:mtp:titles:0262025213. See general 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: (Amanda Karby)
If references are entirely missing, you can add them using this form.
Follow series, journals, authors & more
New papers by email
Subscribe to new additions to RePEc
Public profiles for Economics researchers
Various rankings of research in Economics & related fields
Who was a student of whom, using RePEc
Curated articles & papers various economics topics
Blog aggregator for economics research
Cases of plagiarism in Economics
Job Market Papers
RePEc working paper series dedicated to the job market
Pretend you are at the helm of an economics department
Services from the StL Fed
Data, research, apps & more from the St. Louis Fed