Termites in the Trading System: How Preferential Agreements Undermine Free Trade (Council of Foreign Relations)

Preferential Trade Agreements, Many Taking The Form Of Free Trade Agreements, Now Number Over 300 And Are Rapidly Increasing. 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. Proliferating Preferential Trade Agreements -- Why Has The Pandemic Broken Out? -- Why Ptas Are A Pox On The World Trading System -- What Do We Do Now? -- Appendix -- Glossary. Jagdish Bhagwati. A Council On Foreign Relations Book. Includes Bibliographical References (p. [123]-125) And Index.