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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.
SCIMA record nr: 233698
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