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Termites in the Trading System: How Preferential Agreements Undermine Free Trade Bhagwati, Jagdish (University Professor, Economics and Law, University Professor, Economics and Law, Columbia University)
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Termites in the Trading System: How Preferential Agreements Undermine Free Trade
Bhagwati, Jagdish (University Professor, Economics and Law, University Professor, Economics and Law, Columbia University)
Preferential Trade Agreements, many taking the form of Free Trade Agreements, now number over 300 and are rapidly increasing. In this new book, leading economist Jagdish Bhagwati reveals how these agreements have recreated the unhappy situation of the protectionist 1930s, when world trade was undermined by discriminatory practices (today, ironically, as a result of a misdirected pursuit of free trade). The world trading system is definitely at risk again, the authorargues, and the danger is palpable. Indeed, PTAs have created a chaotic system of preferences that has destroyed the principle of non-discrimination in trade.
160 pages, halftones and figures
| Media | Books Hardcover Book (Book with hard spine and cover) |
| Released | July 10, 2008 |
| ISBN13 | 9780195331653 |
| Publishers | Oxford University Press Inc |
| Pages | 160 |
| Dimensions | 216 × 148 × 20 mm · 318 g |
| Language | English |
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