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This paper reviews the history of bilateral trade negotiations between Taiwan and the U.S. The question posed at the outset is: does bilateralism enhance or jeopardize multilateralism? The U.S.-Taiwan experience seems to suggest a grossly negative answer. Bilateral negotiations for market...
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membership into the world trading system, the WTO may face a "latecomers" problem that, while occurring also in earlier rounds …
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We consider the purpose and design of the World Trade Organization (WTO) and its predecessor, GATT. We review recent …
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from moving to a world with frictionless trade. In this model, a country's trade potential depends on only the trade …
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This paper evaluates how much of the economics profession has evaluated the evidence on the relationship between international trade and economic growth. The paper highlights the basic approaches to the trade and growth question that the literature has adopted. The case is made that more...
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