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The Design of Trade Agreements / Kyle Bagwell, Robert W. Staiger.
- Format:
- Book
- Author/Creator:
- Bagwell, Kyle.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w22087.
- NBER working paper series no. w22087
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2016.
- Summary:
- What does economics have to say about the design of international trade agreements? We review a literature on this question, providing detailed coverage on three key design features of the GATT/WTO: reciprocity, nondiscrimination as embodied in the MFN principle, and tariff bindings and binding "overhang." Each of these features is central to the design of the GATT/WTO, and we argue that an economic perspective can go a long way toward revealing a consistent logic to the inclusion of these design features in trade agreements.
- Notes:
- Print version record
- March 2016.
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