Theories that link domestic politics, domestic institutional structures, and leader incentives to
foreign affairs have flowered in the past 25 years or so. By unpacking institutional variation …

We consider the purpose and design of the World Trade Organization (WTO) and its
predecessor, the General Agreement on Tariffs and Trade (GATT), and review recent …

We present a model where trade agreements are motivated by the desire of governments to
commit vis-à-vis domestic lobbies, in addition to standard terms-of-trade externalities. The …

The WTO has delivered policy outcomes that are very different from those likely to emerge
out of the recent wave of preferential trade agreements (PTAs). Should economists see this …

We consider a general representation of the delegation problem, with and without money
burning, and provide sufficient and necessary conditions under which an interval allocation …

We examine the effect of regionalism on unilateral trade liberalization using industry-level
data on applied most-favored nation (MFN) tariffs and bilateral preferences for ten Latin …

According to the terms-of-trade theory, governments use trade agreements to escape from a
terms-of-trade-driven prisoner's dilemma. We use the terms-of-trade theory to develop a …

We propose a model of trade agreements in which contracting is costly, and as a
consequence the optimal agreement may be incomplete. In spite of its simplicity, the model …

In this chapter I survey the recent theoretical and empirical advances in the economics of
international trade agreements, focusing on three main topics: the motives for trade …

In many preferential trade agreements (PTAs), countries exchange not only reductions in
trade barriers but also cooperation in non-trade issues such as labour and environmental …