This paper reviews the most significant recent developments in the theory of trade agreements. The paper offers an … integrated approach to evaluating trade agreements, and uses the approach to present results on preferential and multilateral … trade agreements. The paper identifies also several questions for further research …

argument that could be made for the use of WTO-triggered trade actions to enforce cooperative behaviour towards rebalancing …Rising current account and merchandise trade imbalances marked the years before the global financial and economic … the “coherence gap” in global governance. This paper examines the contribution that the WTO can make in its three areas of …

world. This raises the issue of the relationship between economic and political integration. The theoretical model shows … that, in an insecure world, the interplays between security and economic forces shape the decision to form a regional … or common market, whereas international insecurity deters the formation of preferential and free trade agreements …

past free trade agreements (FTAs) as well as obtain ex ante predictions for the effects of future FTAs. We first identify … ante trade frictions. The effects of new FTAs are similarly weaker for pairs with existing agreements already in place. In … addition, we are able to relate asymmetries in FTA effects to each country's ability to influence the other's terms of trade …

This paper examines the trade policy response of Latin American governments to the rapid growth of China and India in … world markets. To explain higher protection in sectors where a large share is imported from these countries, we extend the …

Asia accounts for more than 30% of world GDP and contributes half of the global growth in recent years. Despite high … of subregional and bilateral trade agreements. This paper analyzes the recent trends and patterns and nature of regional … trade and cooperation agreements (RTCAs) in Asia and associated problems and prospects. It also attempts to understand the …

since the Uruguay Round (1986 to 1994). It would create a free trade zone covering 45% of world GDP. However, critics …The proposed Transatlantic Trade and Investment Partnership (TTIP) is the most significant trade policy initiative … estimated general equilibrium trade model. Assuming that the TTIP will reduce transatlantic trade costs by as much as existing …

This paper highlights the severity of China’s AD problems, and high concentration of AD actions taken by the top … initiators, noting that China can offer a higher level of economic integration in an RTA in exchange for improved regional AD … RTAs on mitigating China’s AD problems suggests that China could become more active in mitigating AD problems by RTA …

) Agreement within the GATT/WTO system …This paper examines the rationale for the rules on domestic subsidies in international trade agreements through a … curtailed by a trade agreement that binds tariffs only. We refer to this as the policy substitution problem. When factors of …

alternative channels such as trade policy towards developing countries. We analyze eligibility investigations and revoking of U …