Policy Externalities and International Trade AgreementsNuno Limao ,
World Scientific Studies in International Economics series
This selection of published articles examines how policy externalities motivate and can be addressed by international trading institutions. The studies provide groundbreaking evidence of the role of international market power and policy uncertainty as motives for trade agreements and on the potential clash between preferential trade liberalization (e.g. European Union, NAFTA) and multilateral agreements (WTO).