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Votes, Vetoes, and the Political Economy of International Trade Agreements$
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Edward D. Mansfield and Helen V. Milner

Print publication date: 2012

Print ISBN-13: 9780691135298

Published to Princeton Scholarship Online: October 2017

DOI: 10.23943/princeton/9780691135298.001.0001

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(p.1) Chapter 1 Introduction
Votes, Vetoes, and the Political Economy of International Trade Agreements

Edward D. Mansfield

Helen V. Milner

Princeton University Press

This introductory chapter begins with a discussion of what preferential trading arrangements (PTAs) are and why they are important. It covers the economic effects of PTAs, political and security effects of PTAs, PTAs in historical perspective, and the effects of domestic politics on PTAs. It then sets out the book's central argument, that trade agreements are often motivated by domestic political conditions. The book seeks to explain why leaders choose to enter these agreements. The next section discusses how the present analysis of the domestic sources of PTA formation bears on a host of important theoretical issues in the fields of international relations and political economy. An overview of the subsequent chapters is also presented.

Keywords:   preferential trading arrangements, international trade agreements, international relations, political economy

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