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The Rise of Bilateralism: Comparing American, European, a...

Heydon, Kenneth / Woolcock, Stephen
The Rise of Bilateralism: Comparing American, European, and Asian Approaches to Preferential Trade Agreements
As multilateral negotiations become increasingly complex and protracted, preferential trade agreements have become the centerpiece of trade diplomacy. Pushing beyond tariffs into deep integration and beyond regionalism into a web of bilateral deals, these agreements are raising concerns about coercion by bigger players. This study examines American, European, and Asian approaches to preferential trade agreements and their effect on trade, inve...

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