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Author: | Panagariya, A. |
Title: | Preferential trade liberalization: The traditional theory and new developments |
Journal: | Journal of Economic Literature
2000 : JUN, VOL. 38:2, p. 287-331 |
Index terms: | Trade barriers Models |
Freeterms: | Trade liberalization Regionalism |
Language: | eng |
Abstract: | As this review demonstrates, trade theorists have responded quickly to the challenges thrown by the current wave of regionalism. Within less than a decade, a solid body of scientific work, shedding light on the political economy of regional arrangements and their impact on external tariffs and multilateral freeing of trade has been created. |
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