ANÁLISIS 02/2017
ARE WE FACING A NEW INTERNATIONAL TRADING SYSTEM? Reflecting on Trump and the New Wave of Protectionism– MD Nicolás Albertoni.
ABSTRACT: In international relations as in many other areas of study, we normally define a system as an assemblage of parts, units, and objects integrated by some form of regular interaction. The World Trade Organization (WTO) is an example. But what happens with that system when some of its parts and units, change? Or, when new actors try to upset some of the fundamental notions and norms of that system? It’s clear that a new wave of protectionism is likely next. The WTO may be our best hope for avoiding a trade war. This article aims to discuss this ‘international system’ debate from the perspective of the new dynamics of the international trading system.