MERCOSUR is one of the most important examples of renewed world-wide interest in regional trade agreements. It may be seen as a consolidation of unilateral reforms undertaken in conjunction with major macroeconomic adjustments. The paper reviews the objectives of MERCOSUR and assesses its...

The rapid growth in the number of regional trade agreements (RTAs) has led to concern about the weakening of the multilateral trading system. This paper looks at the spread of such agreements and the extent which they pose a threat to the system.

The objective of this paper was to assess the extent to which regional trade agreements (RTAs) could prevent protectionist "back slidings" and contribute to the smooth functioning of the multilateral trading system. The paper examined a number of trade policy instruments (antidumping, subsidies...

The objective of this paper was to assess the extent to which regional trade agreements (RTAs) could prevent protectionist 'backslidings' and contribute to the smooth functioning of the multilateral trading system. The paper examined a number of trade policy instruments (antidumping, subsidies...