What is Free Trade? The Rorschach Test at the Heart of the Trade and Environment Debate

Research output: Chapter in Book/Report/Conference proceedingChapter

2 Scopus citations

Abstract

This chapter argues that a fundamental question, "what is free trade?," lurks behind the ongoing debate about the relationship between international trade law and competing legal regimes. Although the literature contains volumes about the reasons for free trade, it says remarkably little about free trade's definition. This chapter explores three possible concepts of free trade, trade free from discrimination against foreign companies, trade free from coercion, and trade free from restraint, that is, laissez-faire, primarily in the context of trade and environment disputes. The misunderstanding between environmentalists and free traders reflect trade law's tendency to amalgamate the antidiscrimination, anticoercion, and laissez-faire concepts. Free traders tend to think of trade law as primarily aimed at policing discrimination, while environmentalists tend to think of it as aimed at laissez-faire, the least legitimate concept. The trade law provides some support for both views.

Original languageEnglish (US)
Title of host publicationHandbook of International Trade
PublisherBlackwell Publishing Ltd
Pages5-41
Number of pages37
Volume2-2
ISBN (Print)9781405120623
DOIs
StatePublished - Jan 21 2008

Keywords

  • Free trade
  • International trade
  • Laissez-faire
  • Protectionism
  • Rorschach test

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)

Fingerprint

Dive into the research topics of 'What is Free Trade? The Rorschach Test at the Heart of the Trade and Environment Debate'. Together they form a unique fingerprint.

Cite this