What behind-the-border reforms in services and investment are best done through trade agreements?

What behind-the-border reforms in services and investment are best done through trade agreements’ One way to answer this question is to think of trade agreements as being exercises in piecemeal reform, in the sense that they provide opportunities for reform, but in a constrained, partial manner. The key policy question is whether countries should unreservedly take advantage of these opportunities, despite the constraints, or whether the nature of the constraints should temper the way in which they go about the reforms.

Related Subject(s): International Trade and Finance