THE MULTILATERAL REGIME OF INTERNATIONAL TRADE: CRISIS AND PREFERENTIAL TRADE AGREEMENTS
DOI:
https://doi.org/10.5380/cg.v7i1.56674Abstract
The aim of this paper is to discuss, by means of theoretical and empirical analysis, the crisis of the multilateral regime of international trade, taking into consideration the great difficulties faced by the World Trade Organization (WTO) over the past two decades. This crisis contributes to the proliferation of Preferential Trade Agreements (PCAs) in all regions of the world since the 1990s, a process that has been intensified in the early part of this century and tends to remain.
Keywords: WTO; crisis; Preferential Trade Agreements.
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