Trade, Trees, and Contingent Trade Agreements

Beyond Trade Creation: Free Trade Agreements and Trade Disputes

This paper investigates the effects of the formation of free trade agreements (FTAs) on trade disputes. We construct a unique and comprehensive dataset on inter-country trade disputes from 1995 to 2007. The dataset covers 110 countries and 1130 trade disputes. We find that the incidences of trade disputes between two countries are positively associated with economic size, economic growth, and t...

Regional Trade Agreements: Effects on Trade

positive or negative effects on trade depending on their design and implementation. Analysis in this chapter confirms that gains from a preferential trade agreement cannot be taken for granted; moreover, even in agreements with positive impacts on average incomes, not all members are assured of increases. The interesting policy question then is not whether RTAs are categorically good or bad, bu...

Preferential Trade Agreements

Trade Agreements and Direct-to-Consumer Advertising of Pharmaceuticals

There is growing international concern about the risks posed by direct-to-consumer advertising (DTCA) of prescription pharmaceuticals, including via the internet. Recent trade agreements negotiated by the United States, however, incorporate provisions that may constrain national regulation of DTCA. Some provisions explicitly mention DTCA; others enable foreign investors to seek compensation if ...

Lobbying, Multisector Trade and Sustainability of Free-Trade Agreements¤

This paper is concerned with the sustainability of free-trade areas. I begin with an FTA that is formed as a political equilibrium and examine conditions under which the FTA is sustainable, i.e., governments do not leave it. The sustainability of the FTA is in°uenced by governments' valuation on political contributions, discount factors, the lobbying position of the speci ̄c-interest group in in...