An analytical framework for assessing and managing the relationship between regional agreements and the world multilateral trading system. Regional trade agreements (RTAs) are increasingly portrayed as a threat to the free global exchange of goods and services. Moreover, should the WTO-approved Doha Round of multilateral talks end in deadlock, many member countries would likely place even greater emphasis on regional agreements. This book provides WTO members with an analytical framework for assessing and managing the relationship between regionalism and the world multilateral trading system.