Author:
Bagwell Kyle,Staiger Robert W.
Abstract
Over the past 50 years, a remarkable degree of trade liberalization has been achieved through GATT/WTO negotiations. In this paper, we describe work that provides a theoretical interpretation of this institution. We emphasize two key features of GATT/WTO: reciprocity and enforcement. We also identify important areas for future research. The work described here contributes to the fields of International Trade and Applied Game Theory.
Subject
General Economics, Econometrics and Finance
Cited by
29 articles.
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