1. FTAs and Gain-Control Tradeoffs
Both readings explain the reason for the shift from multilateralism to regional and bilateral forums but from different perspectives. Pekkanen's view is that states have the trade-off between gain and control. ... In addition, the control in trade forums is guided by the opinions from societal groups, who play important roles in the formation of FTAs, and their involvement bridges interests of domestic producers and the actual negotiation in FTAs. ... Societal groups thus play important role in FTA negotiation as the bridge between appeal from domestic industries and foreign economic poli...
- Word Count: 681
- Approx Pages: 3
- Grade Level: Undergraduate