search query: @indexterm TRADE POLICY / total: 743
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| Author: | Ghosal, A. |
| Title: | Has NAFTA distorted trade patterns? |
| Journal: | Latin American business review
2003 : VOL. 4:1, p. 23-39 |
| Index terms: | NAFTA Trade policy |
| Language: | eng |
| Abstract: | There has been significant concern that regional trade groups might become stumbling block for a free global trading system, as members' trade is biased towards their partners and non-members harmed by trade diversion. In this paper, this question is examined for NAFTA. Little evidence of bias is shown by a modified gravity model for trade of the NAFTA countries, with bilateral trade flows explained by incomes, gergraphical distance and a common language. |
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