search query: @indexterm Political economy / total: 438
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| Author: | Ornelas, E. |
| Title: | Trade creating free trade areas and the undermining of multilateralism |
| Journal: | European Economic Review
2005 : OCT, VOL. 49:7, p. 1717-1735 |
| Index terms: | international trade multilateral trade political economy regionalism |
| Language: | eng |
| Abstract: | This article examines the effects of regional trade agreements for the world trade system by developing a model where governments have political and economic motivations. The author shows that a free trade area causes its members to reduce protection against the non-members. |
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