A consequence of global trade liberalization is that domestic regulatory policies have become a focal point for efforts to reduce the costs of engaging in cross-border production and exchange. This article discusses the general challenges of reducing trade frictions created by regulatory differences, focusing specifically on the role trade agreements might play in addressing regulatory spillovers. A case is made for a greater focus on plurilateral cooperation under the umbrella of the WTO.

中文翻译：

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“边境”监管政策和贸易协定*

全球贸易自由化的结果是，国内监管政策已成为努力降低参与跨境生产和交易成本的重点。本文讨论了减少因监管差异而引起的贸易摩擦的一般挑战，特别关注贸易协议在解决监管溢出方面可能发挥的作用。有理由在世贸组织的保护下更加重视多边合作。