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Free Trade Agreements and US Foreign Policy
Author(s) -
Hundt David
Publication year - 2015
Publication title -
pacific focus
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.172
H-Index - 12
eISSN - 1976-5118
pISSN - 1225-4657
DOI - 10.1111/pafo.12048
Subject(s) - international trade , competition (biology) , politics , state (computer science) , international economics , free trade , economics , political science , law , ecology , algorithm , computer science , biology
The U nited S tates has completed numerous free trade agreements ( FTA s), but the pattern of these agreements defies conventional explanations. Arguments that are based on domestic interests and economic gains cannot explain the comparative under‐performance of US trade agreements. The pattern of US trade agreements is also inconsistent with explanations that focus on state power, which depict FTA s as a “reward” for loyal clients. This article finds a better explanation for the pattern of the U nited S tates' FTA s by considering the systemic level of analysis, and in particular the dynamics of the international economic order. It illustrates that strong competition for bilateral trade agreements has resulted in patterns of agreements that the United States cannot easily dominate. This is not to say that the U nited S tates has no capacity to finalize trade agreements: the U nited S tates remains the world's most influential nation‐state, but the constraints of the international system necessarily limit the degree to which FTA s can serve the interests of US foreign economic policy. The recent evolution of international trade politics, however, indicates that smaller states are comparatively less vulnerable to pressure from great powers, such as the U nited S tates.

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