A BIT is Better Than a Lot: Bilateral Investment Treaties and Preferential Trade Agreements

  title={A BIT is Better Than a Lot: Bilateral Investment Treaties and Preferential Trade Agreements},
  author={Jennifer L. Tobin and Marc L. Busch},
  journal={World Politics},
  pages={1 - 42}
The landscape of the global economy is dotted with institutions that regulate investment and trade. in recent years, the number of bilateral investment treaties (<small class="caps">BIT </small>s) and preferential trade agreements (<small class="caps">PTA </small>s), in particular, has grown at a torrid pace; practically every country is a member of at least one—if not many—of these institutions. For all the scholarly attention that these institutions have received, however, there is little… 

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