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Multilateral Trade Negociations and Preferential Trading Arrangements

Author

Listed:
  • Stern, R.M.
  • Deardorff, A.V.
Abstract
The 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
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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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    Cited by:

    1. 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.
    2. 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.
    3. Carsten Kowalczyk & Tomas Sjostrom, 1993. "Bringing GATT into the Core," NBER Working Papers 4343, National Bureau of Economic Research, Inc.
    4. Pravin Krishna, 1998. "Regionalism and Multilateralism: A Political Economy Approach," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 113(1), pages 227-251.
    5. 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.
    6. Robert Pahre, 1994. "Multilateral Cooperation in an Iterated Prisoner's Dilemma," Journal of Conflict Resolution, Peace Science Society (International), vol. 38(2), pages 326-352, June.
    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. 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.
    9. 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.

    More about this item

    Keywords

    free trade ; trade policy;

    JEL classification:

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

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