00571nam a2200085Ia 4500100002000000245006000020260000900080520037700089583001900466  aLEVY, Philip I.  aPolitical - economic analysis of free-trade agreements.  c1997  aDemonstrates that bilateral free-trade agreements can undermine political support for further multilateral trade liberalization.  Points out that if a bilateral trade agreement offers dis-proportionately large gains to key agents in a country, then their reservation utility is raised above the multilateral free-trade level, and a multilateral agreement would be blocked.  c3/7/00kM2LMGR