Generally speaking, global competition is the reason for signing free trade agreements. In the context of free trade agreements and major regional projects such as Mercosur, there is a polarization in favour of the strongest nations, which often leads to the consolidation of development differences between nations through a regionalization project (cf. Dieter 1998: 213). Public actors expect a larger internal market for regional integration projects. Through a larger economic space, they are trying to intensify trade and attract investment. Free trade agreements do not tend to serve as an alternative to integration into the global market. They serve much more as a preparation for the integration of the world market by improving the conditions of competition of national companies and the state investment site. The book examines the manifestation of the concept of free trade in agreements such as the Trans-Pacific Partnership (TPP), the Regional Comprehensive Economic Partnership (RCEP) and the China-Australia Free Trade Agreement (ChAFTA). It asks whether such agreements will be concluded in order to improve trade relations between partner countries, strengthen trade relations and promote economic growth; or are they sometimes used only for the local political outcomes of the most influential nations.
1. Free access to all Latin American markets for U.S. products and investors; Removal of all tariff and non-tariff barriers. Table of Contents: I. Introduction. – II. Transatlantic regulatory cooperation outside an FTA structure. – III. FTA structures regulatory cooperation and regulatory imperatives: conflict or harmony? – III.1. The changing nature of regulation. – III.2. Compatibility of regulatory structures and DHA of regulatory cooperation.
– IV. More institutionalization through inclusion in a free trade agreement. – IV.1. On the very nature of institutionalisation in European integration and beyond. – IV.2. Has transatlantic regulatory cooperation been institutionalised? – V. Greater legalization by integrating it into a free trade agreement. – V.1.
The “commitment” element. – V.2. Evidence of regulatory cooperation contained in free trade agreements concluded outside the EU. – VI. Conclusion. As a rule, it is multinationals, as well as domestic companies, that are committed to free trade agreements, as they are well prepared to use the different business environments in different countries, and then to act and invest without borders.