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US Trade Policy: The Infatuation with FTAs

Bhagwati, Jagdish N.

The U.S. administration is poised to expand NAFTA to Chile and elsewhere. It also may be committed to turning APEC into a Free Trade Area (FTA). It seems therefore to have decided to persist in pushing ahead with these types of trading arrangements even though the multilateral WTO has been jumpstarted. I believe that this policy of, instead of concentration now on multilateralism at the WTO, is a mistake.

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Publisher
Department of Economics, Columbia University
Publication Origin
New York
Series
Department of Economics Discussion Papers, 726
Academic Units
Economics

Notes

April 1995

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