Jump to ContentJump to Main Navigation
Termites in the Trading SystemHow Preferential Agreements Undermine Free Trade$
Users without a subscription are not able to see the full content.

Jagdish Bhagwati

Print publication date: 2008

Print ISBN-13: 9780195331653

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780195331653.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use (for details see www.oxfordscholarship.com/page/privacy-policy).date: 14 December 2018

Why PTAs Are a Pox on the World Trading System

Why PTAs Are a Pox on the World Trading System

(p.49) Chapter 3 Why PTAs Are a Pox on the World Trading System
Termites in the Trading System

Jagdish Bhagwati

Oxford University Press

The worries over preferential trade agreements (PTAs) have increased dramatically in the past two decades as PTAs have proliferated. This chapter discusses the consequences of complexity of the resulting trade regime. The Vinerian concerns about the trade diversion that a PTA can cause have yielded by now to “systemic” concerns about PTAs. The systemic problem from discriminatory trade liberalization under PTAs arises in two ways. The trade-unrelated issues are reported. It is hard to speculate the consequences of PTAs with equanimity.

Keywords:   preferential trade agreements, world trading system, trade liberalization

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .