Number: RL31072 Title: Regional Trade Agreements: An Analysis of Trade-Related Impacts Authors: Gary J. Wells, Foreign Affairs, Defense, and Trade Division Abstract: This report examines economic factors employed in assessing whether the United States is falling behind by not negotiating multilateral and/or regional trade agreements. First, trade-related strengths and weaknesses of multilateral and regional agreements are presented. Second, potential gains from the United States negotiating trade agreements is addressed. Finally, the significance of the United States not being involved in the current flurry of trade agreements is assessed. The report concentrates on the trade aspects of regional trade agreements. Pages: 19 Date: Updated August 3, 2001