Table of Contents:
  • Preface
  • 1. Overview: The growth of bilateralism
  • FTAs with Israel and Canada
  • Why FTAs?
  • US objectives
  • Challenges to US trade policy
  • Alternative types of trade agreements
  • 2. FTAs and the GATT: complements or substitutes?: Bilateralism and the GATT
  • FTAs in theory and practice
  • Are FTAs superior to GATT negotiations?
  • One, two, ... many FTAs?
  • Compatibility of FTAs with the GATT
  • 3. Are more FTAs feasible and desirable?: Candidate countries
  • Candidate country objectives
  • Prospective FTAs: pros and cons
  • A US-Japan FTA?
  • A US-Taiwan FTA?
  • A US-Korea FTA?
  • A US-Mexico FTA?
  • A US-ASEAN FTA?
  • A US-Australia FTA?
  • A Pacific rim FTA?
  • 4. Conclusions and policy recommendations: The limits of FTAs
  • Implications for US trade policy
  • Conclusions
  • Annex A. Preferential trade agreements notified to the GATT
  • References
  • Tables.