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Paperback Regional Trade Agreements in the Gatt/Wto: Artical XXIV and the Internal Trade Requirement Book
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ISBN: 9067041394

ISBN13: 9789067041393

Regional Trade Agreements in the Gatt/Wto: Artical XXIV and the Internal Trade Requirement

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The economic theory of Preferential Trade Agreements (PTAs), or discriminatory trade liberalization for and among a subset ofnations, was first analyzed with fun- damental and startling insight by Jacob Viner (1950). He destroyed the intuition that any move towards free trade was welfare-enhancing, for the country itself or for the world, or for both. He introduced us memorably to the notion of trade di- verting -- and here, he meant not diversion...

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Political Science Politics & Social Sciences

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