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Can plurilateral agreements save global free trade?

Lasha Chochua, James Lake and Gerald Willmann

No 205, Kiel Policy Briefs from Kiel Institute for the World Economy

Abstract: • we analyze plurilateral trade agreements that liberalize trade in particular products among a range of countries • the Information Technology Agreement (ITA) covers around 12% of global trade • our theory shows that such agreements can be a way forward for multilateral liberalization in the context of the WTO • an empirical study shows that the 2nd phase of the ITA does have a positive impact on global trade in IT products

Keywords: Plurilateral Agreements; Preferential Trade Agreements; Global Free Trade; WTO; Plurilaterale Abkommen; Präferenzielle Handelsabkommen; globaler Freihandel (search for similar items in EconPapers)
JEL-codes: F12 F13 F15 F18 (search for similar items in EconPapers)
Date: 2026
New Economics Papers: this item is included in nep-int
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwkpb:339574

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