This paper reviews the most significant recent developments in the theory of trade agreements. The paper offers an integrated approach to evaluating trade agreements, and uses the approach to present results on preferential and multilateral trade agreements. The paper identifies also several...

Intro -- CONTENTS -- Acknowledgements -- I: Tariffs and Trade Agreements -- Part I: Introduction -- 1. "A 3X3 Model of Customs Unions" Journal of International Economics -- 1. Introduction -- 2. Notation and assumptions -- 3. The analysis of prices -- 4. Utility analysis -- 5. The customs union...

This paper reviews the most significant recent developments in the theory of trade agreements. The paper offers an integrated approach to evaluating trade agreements, and uses the approach to present results on preferential and multilateral trade agreements. The paper identifies also several...

There has been growing debate about whether bilateral trade agreements are damaging multilateral efforts to eliminate barriers to international trade. This paper develops a model in which trading blocks always charge optimal tariffs and make trade agreements based on strategic considerations. We...