The story
First used by Jagdish Bhagwati in a 1995 paper: "US Trade policy: The infatuation with free trade agreements".
Etymology from Wiktionary, CC BY-SA 4.0.
Today it means: A multiplication of free trade agreements, supplanting multilateral World Trade Organization negotiations as an alternative path toward globalization. Full definition →
First used by Jagdish Bhagwati in a 1995 paper: "US Trade policy: The infatuation with free trade agreements".
Etymology from Wiktionary, CC BY-SA 4.0.