U.S. Trade Policy and Multilateralism - The Challenge of Bilateral Trade Agreements
Kevin J. Fandl
Abstract
Kevin J. Fandl
Abstract
This paper addresses the role of bilateral free trade agreements in U.S. trade policy and how their increased use has affected the multilateral trade system. It also considers the effects of bilateral trade deals on developing countries in terms of power bargaining and movement toward reciprocal agreements.
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This paper addresses the role of bilateral free trade agreements in U.S. trade policy and how their increased use has affected the multilateral trade system. It also considers the effects of bilateral trade deals on developing countries in terms of power bargaining and movement toward reciprocal agreements.
Key concepts: Multilateralism, International trade, Commercial policy, International economics, Bilateral trade, Free trade, Economics, Bargaining power