Multilateral trade

Agreement on the Application of Sanitary and Phytosanitary Measures, Legal Texts, Uruguay Round of Multilateral Trade Negotiations, World Trade Organization, Geneva, Switzerland, 1995. 

World Trade Organisation (2000a) Agreement on the application of sanitary and phytosanitary measures, in The Legal Texts—The Results of the Uruguay Round of Multilateral Trade Negotiations. Cambridge University Press, pp. 59-120. 

In multilateral trade with vertical integration (Figure 3.1-(c)) there... 

In this section, we characterize the role of intermediary in multilateral trades where one supplier faces multiple buyers or one buyer faces multiple suppliers. Without the lost of generality, we consider a supplier facing m buyers so that M = (1,..., m). The trade under consideration consists of one par-... 

From the above discussion, it is interesting to note that the theoretical underpinning of multilateral trade is directly linked to the bilateral bargaining situation, and both can be interpreted in the context of pricing problem in microeconomics theory. 

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