The Latest in Preferential Liberalization

Dan Drezner points to a FT story that says competitive liberalization is kicking into high-gear, as the US shifts from trade deals with foreign policy implications (Bahrain, Oman, CAFTA) to trade deals with larger economic implications (Malaysia, South Korea). And the IIE’s latest book details the possible benefits of a Swiss-US FTA. Once again, agriculture is the critical component.