About the product
In the early 1990s, the world witnessed a growth in regional trade agreements unprecedented in history. This publication looks at the characteristics of recent regional agreements and examines the motivation for their creation. It analyzes the effect that the agreements have on multilateral trading systems, both negative and positive, and also the impact that they have on developing nations looking to expand trade as a vehicle to sustainable growth. In conclusion, the book provides information on the best practices for parties to follow in negotiating such regional agreements.