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Going alone :the case for relaxed reciprocity in freeing trade

Bhagwati, Jagdish N., - Personal Name;

An analytic and empirical study of unilateral trade liberalization agreements, from the nineteenth century to the present.Since the end of World War II, the freeing of trade has been most visible in reciprocal liberalization agreements negotiated under the General Agreement on Tariffs and Trade, or GATT, and through increasing bilateral and plurilateral agreements. There has also, however, been a significant, if less visible, unilateral freeing of trade by several nations.This book, based on a research project directed by Jagdish Bhagwati, examines the experiences with such unilateral trade liberalization. Part 1 considers historical experiences, following Britain's unilateral embrace of free trade. Part 2 discusses recent examples, and Part 3 discusses unilateral liberalization in specific sectors. The substantive introduction provides a synthesis of the findings as well as theoretical support. It argues that although unilateral freeing of trade is generally less beneficial than reciprocity, it can trigger "sequential" reciprocity through example or by encouraging lobbies abroad to favor trade expansion.OCLC-licensed vendor bibliographic record.


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Detail Information
Series Title
-
Call Number
-
Publisher
Cambridge, Mass. : : MIT Press,., 2002
Collation
1 online resource (xii, 586 pages) : illustrations
Language
English
ISBN/ISSN
9780262268455
Classification
NONE
Content Type
text
Media Type
computer
Carrier Type
online resource
Edition
-
Subject(s)
International economic relations.
International trade.
Commercial policy.
Specific Detail Info
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Statement of Responsibility
edited by Jagdish Bhagwati.
Other Information
Cataloger
-
Source
-
Validator
maya
Digital Object Identifier (DOI)
https://doi.org/10.7551/mitpress/3318.001.0001
Journal Volume
-
Journal Issue
-
Subtitle
-
Parallel Title
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Other version/related

No other version available

File Attachment
  • https://direct.mit.edu/books/edited-volume/2401/Going-AloneThe-Case-for-Relaxed-Reciprocity-in
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