The ever-growing number of preferential trade agreements (PTAs) is a prominent feature of international trade. The … World Trade Report 2011 describes the historical development of PTAs and the current landscape of agreements. It examines … why PTAs are established, their economic effects, and the contents of the agreements themselves. Finally it considers the …

The stumbling-bloc argument asserts that regionalism hinders MFN tariff cutting. If this was of first-order importance … for products where nations apply high MFN tariffs. One interpretation is that regionalism is neither a building nor a …

expanding WTO membership has increased the number of such countries, then the benefits of multilateralism versus regionalism … puzzle for economic theory: if multilateralism is an effective forum for liberalisation (as it has been in the past), then … why have the current round of talks faltered amid the proliferation of preferential trade agreements (PTAs)? This paper …

optimal level of integration are examined. Multilateralism and regionalism are concluded to be complements. …

point out the increasing trend of regionalism in Community. The difficulties increasing in the formation the trade policy in … the WTO effects in many changes. Even enthusiastic proponents of the idea of multilateralism in trade seek for new …

regionalism can undermine support for multilateralism. Discriminatory trade policies alter the balance of gains and losses that …