This article aims to show us the relation between the multilevel governance and the subsidiarity principle. The new provisions of the Lisbon Treaty will strengthen the democratic accountability of the EU and its institutions by creating new tools of communication and political dialogue. The...

The paper explores the role of the gravity variables in explaining the FTA-s formation. We develop a new theoretical benchmark for the use of the gravity equation modeling them as fixed resources in the budget constraint of the Nash equilibrium definition of an FTA. We show the existence of an...

The United States and the European Union are considered, by the analysts, to be the most strategic partners in the international system nowadays. Because of their common interests, these two world powers are in constant competition and cooperation. For this reason, this paper emphasizes the most...

The WTO was created in 1995 with the propose to encourage and regulate trade between its member states. The primary objective of the WTO was and still is to create economic growth and encourage free trade among nations. This aspect was disputed between specialists: some say that the WTO creates...

Most existing commitments are confined to guaranteeing the levels of access that existed in the mid-1990s, when the Agreement entered into force, in a limited number of sectors. The only significant exceptions are the accession schedules of recent WTO Members and the negotiating results in two...

The General Agreement on Trade in Services (GATS) is broader in policy coverage than conventional trade agreements for goods and, at the same time, offers governments more flexibility, in various dimensions, to tailor their obligations to sector- or country-specific needs. An overview of...