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Multilateral Trade Negociations and Preferential Trading Arrangements

Author

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  • Stern, R.M.
  • Deardorff, A.V.

Abstract

AbstractThe following sections are included:IntroductionThe Principles of GATTA Brief History of GATT Negotiating RoundsPreferential Trading Arrangements and the GATTGATT Article XXIVCharacteristics and Consequences of Preferential ArrangementsThe Advantages and Limitations of Multilateralism and Preferential ArrangementsThe Case for MultilateralismRole and Authority of the GATT in a Changing World EconomyCriticisms of Multilateralism and Advantages of Preferential ArrangementsCriticisms of Preferential Trading ArrangementsTheoretical Analysis of the Welfare Effects of the Expansion of Trading BlocsThe Krugman ArgumentA Comparative Advantage ApproachA Four-Country ExampleA Six-Country ExampleA Many-Country CaseTariffsExtensions and CaveatsImplications for the Design of Trading Blocs to Enhance World WelfareAppendixStudy QuestionsReferencesSuggested Further Reading
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Stern, R.M. & Deardorff, A.V., 1992. "Multilateral Trade Negociations and Preferential Trading Arrangements," Working Papers 307, Research Seminar in International Economics, University of Michigan.
  • Handle: RePEc:mie:wpaper:307
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    Citations

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    Cited by:

    1. Pravin Krishna, 1998. "Regionalism and Multilateralism: A Political Economy Approach," The Quarterly Journal of Economics, Oxford University Press, vol. 113(1), pages 227-251.
    2. Antonio Spilimbergo & Ernesto Stein, 1998. "The Welfare Implications of Trading Blocs among Countries with Different Endowments," NBER Chapters,in: The Regionalization of the World Economy, pages 121-152 National Bureau of Economic Research, Inc.
    3. Frankel, Jeffrey A & Stein, Ernesto & Wei, Shang-Jin, 1996. "Regional Trading Arrangements: Natural or Supernatural," American Economic Review, American Economic Association, vol. 86(2), pages 52-56, May.
    4. Kyle Bagwell & Robert W. Staiger, 1993. "Multilateral Tarriff Cooperation During the Formation of Regional Free Trade Areas," NBER Working Papers 4364, National Bureau of Economic Research, Inc.
    5. Shang-Jin Wei & Jeffrey A. Frankel, 1998. "Open Regionalism in a World of Continental Trade Blocs," IMF Staff Papers, Palgrave Macmillan, vol. 45(3), pages 440-453, September.
    6. Xinshen Diao & Terry Roe & Agapi Somwaru, 2001. "What is the Cause of Growth in Regional Trade: Trade Liberalisation or RTAs? The Case of Agriculture," The World Economy, Wiley Blackwell, vol. 24(1), pages 51-79, January.
    7. John Romalis, 2007. "NAFTA's and CUSFTA's Impact on International Trade," The Review of Economics and Statistics, MIT Press, vol. 89(3), pages 416-435, August.
    8. Kowalczyk, Carsten & Sjostrom, Tomas, 1994. "Bringing GATT into the Core," Economica, London School of Economics and Political Science, vol. 61(243), pages 301-317, August.

    More about this item

    Keywords

    free trade ; trade policy;

    JEL classification:

    • I10 - Health, Education, and Welfare - - Health - - - General

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