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• W2076568368 abstract "Abstract This article examines the properties and relative strengths of two approaches to reducing barriers to trade among nations: multilateral negotiating rounds versus regional economic blocs. Instead of focusing on the net welfare gains—the macro-level effects—that result either from each member of the system reducing trade barriers to all its partners (rounds) or from reductions among a subset of states (blocs), the analysis focuses on the institutional features (group size and the voting and enforcement mechanisms) that may affect individual nations' micro -level motivations to participate in and abide by certain trade arrangements. Existing models in formal theory are used to analyze these approaches in terms of voting games and collective action models." @default.
• W2076568368 created "2016-06-24" @default.
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• W2076568368 date "1997-09-01" @default.
• W2076568368 modified "2023-09-26" @default.
• W2076568368 title "Blocs or Rounds? An Analysis of Two Approaches to Trade Liberalization" @default.
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• W2076568368 doi "https://doi.org/10.1017/s0008423900015961" @default.
• W2076568368 hasPublicationYear "1997" @default.
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