Are Preferential Trade Agreements with Non-trade Objectives a Stumbling Bloc for Multilateral Liberalization?

Article, Preprint OPEN
Nuno Limão;
  • Journal: The Review of Economic Studies, volume 74, issue 3, pages 821-855
  • Identifiers: doi: 10.1111/j.1467-937X.2007.00456.x
  • Subject: Multilateral trade negotiations; most-favorite-nation; regional integration; cross-border externalities; environment; labor standards; bargaining; repeated games.
    • jel: jel:F42 | jel:F13 | jel:H77 | jel:F15

In many preferential trade agreements (PTAs), countries exchange not only reductions in trade barriers but also cooperation in non-trade issues such as labour and environmental standards, intellectual property, etc. We provide a model of PTAs motivated by cooperation in... View more
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