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The Trade Agreement Embarrassment, Second Version
Social Science Research Network
The dominant academic literature about trade agreements maintains that they are only about national terms-of-trade manipulation and not at all about purely political concerns. Non-academic economists, commentators, and diplomats by contrast think that trade agreements are all about political concerns. There are two substantive and important distinctions between the two views. i Practitioners maintain that policymakers care virtually not at all about the terms of trade or about trade-taxdoi:10.2139/ssrn.2320520 fatcat:oie4rix53bfjtjvz7g4nauwwz4