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| Cebi, Pinar; Ludema, Rodney. |
| The United States and other industrialized countries were once strong proponents of generalized, unconditional Most-Favored-Nation (MFN) treatment as a fundamental GATT rule. Today that support is much diminished, and industrialized countries routinely adopt policies that circumvent MFN. This paper develops a model of multilateral trade negotiations to illustrate some of the trade-offs large countries face in adopting MFN and how these trade-offs may change over time. Two large countries (the North) negotiate a trade agreement with each other and with a continuum of smaller countries (the South). Under unconditional MFN, northern tariff reductions must be extended to all southern countries regardless of whether or not the southern countries agree to... |
| Tipo: Working or Discussion Paper |
Palavras-chave: International Relations/Trade. |
| Ano: 2002 |
URL: http://purl.umn.edu/15853 |
