POLI 441 Lecture Notes - Lecture 20: Trade Diversion, Student Television In The United Kingdom, General Agreement On Tariffs And Trade
30 Jan 2018
School
Department
Course
Professor
Document Summary
Nexus of issues: multilateralism vs. regionalism, we see a growing wave of regional agreements: tpp eu, nafta, etc, what"s better, the role of fdi in trade, this touches on a couple concepts, vertically integrated supply chains. Intra-industry trade - this is a recent development a phenomenon, what are the implications of intra-industry trade: multinational companies (mncs, they are important actors in this notion of regionalism. 24 under the gatt: the only requirement is that it has to be essentially free trade within countries. Pta history: bilateral agreements were the norm up to the 19th century, during this time, treaties were usually packaged with peace agreements, sometimes called. Trade-creating or trade-diverting: one the one hand, you have liberalizations and concessions. In 1950, viner points out a potential issues. Is this a step on the way to further multilateral liberalization? (trade creating: or, is this an obstacle to multilateral liberalization? (trade diverting)
