A large and growing number of countries participate in multiple preferential trade
agreements (PTAs), which increasingly entail broad cooperation over policies extending far …

We consider the purpose and design of the World Trade Organization (WTO) and its
predecessor, the General Agreement on Tariffs and Trade (GATT), and review recent …

The WTO has delivered policy outcomes that are very different from those likely to emerge
out of the recent wave of preferential trade agreements (PTAs). Should economists see this …

According to the terms-of-trade theory, governments use trade agreements to escape from a
terms-of-trade-driven prisoner's dilemma. We use the terms-of-trade theory to develop a …

In this chapter I survey the recent theoretical and empirical advances in the economics of
international trade agreements, focusing on three main topics: the motives for trade …

This article examines the evolving, cross‐country use of antidum**, safeguard and
countervailing duty policies–temporary trade barriers (TTBs)–over the period 1990–2009. I …

International trade agreements are an important element of the world economic system, but
questions remain as to their purpose. The terms-of-trade hypothesis posits that countries use …

Why do governments employ inefficient policies when more efficient ones are available for
the same purpose? We address this puzzle in the context of redistribution toward special …

We need a world trade organization. We just don't need the one that we have. By pitching
unequally matched states together in chaotic bouts of negotiating the global trade …

This paper empirically examines recently declassified tariff bargaining data from the
GATT/WTO. Focusing on the Torquay Round (1950–1951), we document stylized facts …