haku: @indexterm Trade barriers / yhteensä: 389
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Tekijä:Macho-Stadler, I.
Xue, L.
Otsikko:Winners and losers from the gradual formation of trading blocs
Lehti:Economica
2007 : VOL. 74:296, p. 664-681
Asiasana:international relations
policy
economic integration
treaties
terms of trade
free trade
trade barriers
statistical methods
models
Kieli:eng
Tiivistelmä:In spite of global free trade (hereafter as: f-t.) being efficient, each country's benefit from f-t. depends on the path leading to the global free trade agreement. Using a dynamic model of trading bloc formation, it is shown that when global f-t. is reached gradually, the countries excluded gain less than the rest and may be even made worse-off by the final f-t. agreement than they were in the initial state of no trading blocs.
SCIMA tietueen numero: 268091
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