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Going Alone - The Case for Relaxed Reciprocity in Freeing Trade (Hardcover) Loot Price: R272
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Going Alone - The Case for Relaxed Reciprocity in Freeing Trade (Hardcover): Jagdish N. Bhagwati

Going Alone - The Case for Relaxed Reciprocity in Freeing Trade (Hardcover)

Jagdish N. Bhagwati

Series: The MIT Press

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Loot Price R272 Discovery Miles 2 720

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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.

General

Imprint: MIT Press
Country of origin: United States
Series: The MIT Press
Release date: August 2002
First published: 2003
Editors: Jagdish N. Bhagwati
Dimensions: 229 x 152 x 44mm (L x W x T)
Format: Hardcover - Cloth over boards
Pages: 592
ISBN-13: 978-0-262-02521-8
Categories: Books > Business & Economics > Economics > Economic systems > General
Books > Business & Economics > Economics > International economics > International trade > Trade agreements & tariffs
LSN: 0-262-02521-3
Barcode: 9780262025218

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