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Author:Ornelas, E.
Title:Trade creating free trade areas and the undermining of multilateralism
Journal:European Economic Review
2006 : 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.
SCIMA record nr: 261480
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