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Free Trade Agreements - US Strategies and Priorities (Paperback)
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Free Trade Agreements - US Strategies and Priorities (Paperback)
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In this conference volume, distinguished economists and trade
policymakers address the US initiatives to enter into free trade
negotiations with a broad range of countries in the Asia-Pacific
region, the Western Hemisphere, and Africa. The sheer number of
these initiatives is unprecedented and has provoked major policy
questions concerning US interests in the negotiations, the setting
of priorities among the many contenders for concluding free trade
agreements (FTAs) with the United States, the objectives of those
trading partners, and the implications that these agreements could
have for broader initiatives such as the Doha Round in the World
Trade Organization and the Free Trade Area of the Americas. The
papers in the volume were presented during a conference on FTAs and
US trade policy, sponsored by the Institute in May 2003. The
editor, Jeffrey Schott, summarizes the policy implications drawn
from the conference papers and discussions, which are organized
around several topics: the conceptual case for FTAs and how they
have worked in the past; what FTAs imply for the broader global
system; the specific agreements that are already being pursued
(Australia, Central America, Morocco, southern Africa) or
considered (ASEAN, Brazil, Egypt, Korea, and Taiwan). The volume
includes a technical appendix with results of GTAP and gravity
model simulations of the trade and welfare effects of the
prospective agreements.
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