1. FTAs and Gain-Control Tradeoffs
... "trading gains for control" may explain, to some extent, the FTA behavior, but "control" in trade negotiation ultimately serve for specific economic gains. In addition, the control in trade forums is guided by the opinions from societal groups, who play important roles in the ... involvement bridges interests of domestic producers and the actual negotiation in FTAs. First, the needs for control in gain-control tradeoff ultimately serve for gains of domestic sectors. Pekkanan defined gain in his paper as the total national economic welfare; and control as the extent to ... assure the pr...
- Word Count: 681
- Approx Pages: 3
- Grade Level: Undergraduate