Martin Khor argues that the strict obligations imposed by the bilateral and regional free trade agreements (FTAs) between developed and developing countries will “seriously constrain the developing-country party,s policy-making capacity to pursue national socioeconomic and development goals.”“The book examines the development implications of FTAs for signatory developing countries in each of the major areas typically covered by these agreements, including trade in goods, trade in services, investment, government procurement, competition policy and intellectual property rights. In light of the very real risks posed, developing countries should assess the costs and benefits of an FTA before deciding whether to enter into or include negotiations.”