In This Review

Bilateralism, Multilateralism And Canada In U.S. Trade Policy
Bilateralism, Multilateralism And Canada In U.S. Trade Policy
Edited by William Diebold, Jr.
Ballinger, 1988, 206 pp
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How will the latest and largest example of bilateralism affect what's left of the multilateral ethos that has shaped our open trading system? Using the Canadian-U.S. free trade area as a starting point, contributors from these two countries and Mexico consider this question from various perspectives. Diebold's concluding chapter finds that bilateral actions need not always undermine multilateralism. Indeed, a suitably oriented "new bilateralism" could initiate constructive interplay between the two forms. His discussion underlying this position reveals intimate understanding of new realities that now limit attainable progress in international trade policy, and deserves careful consideration by those preparing its next steps.