1993 Articles

Beyond NAFTA: Clinton's Trading Choices

Bhagwati, Jagdish N.

Reports that although the debate over the North American Free Trade Agreement (NAFTA) will be loud, its passage seems assured. It is time for President Bill Clinton to plan his next, critical step on trade, and decide whether to continue with a free trade area (FTA) approach or to throw his weight exclusively behind a multilateral approach based on the General Agreement on Tariffs and Trade (GATT). Historic look at GATT and NAFTA; Options for Clinton administration.