Abstract

The main objective of international trade negotiations is to obtain better and more secure market access abroad through agreed commitments of reductions in trade barriers. A small country like Mexico can get large gains from unilateral trade liberalization; however, greater gains can be attained by negotiating liberalization through the exchange of concessions. In countries like Mexico where trade policy has experienced substantial turns in a short period of time, international trade negotiations may give credibility and permanency to trade policy as well as establish a set of rules that allow the government to deal with pressures from domestic interests.

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