From Here to Free Trade: Essays in Post-Uruguay Round Trade Strategy

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University of Chicago Press, May 13, 1998 - Business & Economics - 154 pages
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In his new book, Ernest Preeg analyzes international trade and investment in the 1990s and lays out a comprehensive U.S. trade strategy for the uncertain period ahead. He examines the influence of the World Trade Organization (WTO) and argues that economic globalization is beneficial to the U.S. economy in the short- to medium-term while raising important questions about national sovereignty and security over the longer term. Preeg believes regional free trade agreements will soon encompass the majority of world trade, but they can conflict with the WTO's multilateral objectives. The central challenge for U.S. trade strategy, then, is to integrate the now largely separate multilateral and regional tracks of the world trading system.

The first essay assesses U.S. interests in economic globalization, the second examines recent steps toward free trade at the multilateral and regional levels, and the next three offer an in-depth critique of U.S. regional free trade objectives in the Americas, across the Pacific, and possibly with Europe. The final essay presents a multilateral/regional synthesis for going from here to free trade over the coming decade.

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Economic Globalization and the US National Interest A Net Assessment
The PostUruguay Round Free Trade Debate
Free Trade Across the Atlantic
Regulatory Regimes in World Trade The Case of NAFTA and the FTAA
APEC and the Interregional Triad
From Here to Free Trade The Quest for a MultilateralRegional Synthesis

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Page iv - Preeg holds the William M. Scholl Chair in International Business at the Center for Strategic and International Studies in Washington, DC...

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