IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/20525_ii.html
   My bibliography  Save this book chapter

Why trade agreements at all?

In: Navigating the Free Trade–Fair Trade Fault-Lines

Author

Listed:
  • .

Abstract

Chapter 2 addresses the question of why countries are motivated to enter into trade agreements with other countries with which they may wish to trade, and emphasizes that in the absence of international trade agreements countries will be tempted to adopt beggar thy neighbour policies with actual or potential trading partners, potentially provoking retaliation by these partners and yielding zero-sum outcomes for all the trading partners involved. Trade agreements also provide a mechanism by which countries can manage the domestic politics surrounding trade policy by enlisting export oriented industries as a counterweight to import impacted domestic industries and by mitigating transition costs as resources gravitate from contracting to expanding industries.

Suggested Citation

  • ., 2021. "Why trade agreements at all?," Chapters, in: Navigating the Free Trade–Fair Trade Fault-Lines, chapter 0, pages 15-17, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:20525_ii
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/view/9781800882355.00007.xml
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:eechap:20525_ii. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.