Why might a country engage in adhoc trade agreements?

Engaging in adhoc trade agreements allows a country to quickly and effectively address specific immediate trade needs or challenges. These agreements are often formed in response to urgent situations, such as a sudden change in market conditions, a natural disaster affecting trade flows, or a need to boost certain industries in times of economic downturn. By focusing on immediate issues, such agreements can provide timely relief or benefits without the lengthy negotiation processes often required for comprehensive trade agreements. This flexibility enables countries to adapt to rapidly changing economic landscapes and seize short-term opportunities that may not warrant a more permanent arrangement.

In contrast, establishing permanent trade relationships, creating lasting economic alliances, or simplifying export processes are typically objectives of more structured and long-term agreements, which involves different considerations and commitments that are not the emphasis of adhoc arrangements.