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Author: | McCalman, P. |
Title: | Multi-lateral trade negotiations and the Most Favored Nation clause |
Journal: | Journal of International Economics
2002 : JUN, VOL. 57:1, p. 151-176 |
Index terms: | ECONOMIC INTEGRATION INFORMATION MULTILATERAL TRADE NEGOTIATION |
Language: | eng |
Abstract: | This paper considers the interaction between private information and the Most Favored Nation clause in trade negotiations. It demonstrates that by aggregating uncertainty over a number of trading partners, the Most Favored Nation clause may offer a welfare improvement over a set of bilateral trade negotiations. |
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