Multilateral Trade Bargaining: a First Look at the GATT Bargaining Records

@article{Bagwell2020MultilateralTB,
  title={Multilateral Trade Bargaining: a First Look at the GATT Bargaining Records},
  author={K. Bagwell and Robert W. Staiger and Ali Yurukoglu},
  journal={International Trade eJournal},
  year={2020}
}
This paper empirically examines recently declassified tariff bargaining data from the GATT/WTO. Focusing on the Torquay Round (1950–1951), we document stylized facts about these interconnected high-stakes international negotiations that suggest a lack of strategic behavior among the participating governments and an important multilateral element to the bilateral bargains. We suggest that these features can be understood as emerging from a tariff bargaining forum that emphasizes the GATT pillars… 

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