Continental Trading Blocs


Continental Trading Blocs
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Continental Trading Blocs


Continental Trading Blocs
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Author : Richard Gibb
language : en
Publisher:
Release Date : 1994

Continental Trading Blocs written by Richard Gibb and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Business & Economics categories.


Regional specialists systematically examine the topic of economic regionalism along with its wider theoretical and empirical perspectives. Analyzes some of the arguments and issues surrounding trading bloc formation, particularly whether regionalism is a result of, or a response to, a major change in the nature of contemporary capitalism. Explores the character, structure and components of existing trading bloc arrangements. Reviews the prospects and potential for NAFTA and concludes by gathering together the many conflicting trends evident in the regionalism versus multilateralism debate.



Open Regionalism In A World Of Continental Trade Blocs


Open Regionalism In A World Of Continental Trade Blocs
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Author : Mr.Jeffrey A. Frankel
language : en
Publisher: International Monetary Fund
Release Date : 1998-02-01

Open Regionalism In A World Of Continental Trade Blocs written by Mr.Jeffrey A. Frankel and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-02-01 with Business & Economics categories.


Continental trade blocs are emerging in many parts of the world almost in tandem. If trade blocs are required to satisfy the McMillan criterion of not lowering trade volume with outside countries, they have to engage in a dramatic reduction of trade barriers against non-member countries. That may not be politically feasible. On the other hand, in a world of simultaneous continental trade blocs, an open regionalism in which trade blocs undertake relatively modest external liberalization can usually produce Pareto improvement.



Regional Trading Blocs In The World Economic System


Regional Trading Blocs In The World Economic System
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Author : Jeffrey A. Frankel
language : en
Publisher: Peterson Institute for International Economics
Release Date : 1997

Regional Trading Blocs In The World Economic System written by Jeffrey A. Frankel and has been published by Peterson Institute for International Economics this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Business & Economics categories.


Covers trends from 1957 to 1995.



The Regionalization Of The World Economy


The Regionalization Of The World Economy
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Author : Jeffrey A. Frankel
language : en
Publisher: University of Chicago Press
Release Date : 2007-12-01

The Regionalization Of The World Economy written by Jeffrey A. Frankel and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-12-01 with Business & Economics categories.


Regional economic arrangements such as free trade areas (FTAs), customs unions, and currency blocs, have become increasingly prevalent in the world economy. Both pervasive and controversial, regionalization has some economists optimistic about the opportunities it creates and others fearful that it may corrupt fragile efforts to encourage global free trade. Including both empirical and theoretical studies, this volume addresses several important questions: Why do countries adopt FTAs and other regional trading arrangements? To what extent have existing regional arrangements actually affected patterns of trade? What are the welfare effects of such arrangements? Several chapters explore the economic effects of regional arrangements on patterns of trade, either on price differentials or via the gravity model on bilateral trade flows. In addition, this book examines the theoretical foundation of the gravity model. Making extensive use of the gravity model of bilateral trade, several chapters explore the economic effects of regional arrangements. In addition, this book examines the theoretical foundation of the gravity model.



Regional Trading Blocs In The World Economic System


Regional Trading Blocs In The World Economic System
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Author : Jeffrey A. Frankel
language : en
Publisher: Peterson Institute
Release Date : 1997

Regional Trading Blocs In The World Economic System written by Jeffrey A. Frankel and has been published by Peterson Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Business & Economics categories.


Covers trends from 1957 to 1995.



Continental Trading Blocs


Continental Trading Blocs
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Author : Jeffrey A. Frankel
language : en
Publisher:
Release Date : 1993

Continental Trading Blocs written by Jeffrey A. Frankel and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with International economic integration categories.


Using the gravity model, we find evidence of three continental trading blocs: the Americas, Europe and Pacific Asia. Intra-regional trade exceeds what can be explained by the proximity of a pair of countries, their sizes and GNP/capitas, and whether they share a common border or language. We then turn from the econometrics to the economic welfare implications. Krugman has supplied an argument against a three-bloc world, assuming no transport costs, and another argument in favor, assuming prohibitively high transportation costs between continents. We complete the model for the realistic case where intercontinental transport costs are neither prohibitive nor zero. If transport costs are low, continental Free Trade Areas can reduce welfare. We call such blocs super-natural. Partial liberalization is better than full liberalization within regional Preferential Trading Arrangements, despite the GATT's Article 24. The super-natural zone occurs when the regionalization of trade policy exceeds what is justified by natural factors. Estimates suggest that trading blocs like the current EC are super-natural.



The Welfare Implications Of Continental Trading Blocs In A Model With Transport Costs


The Welfare Implications Of Continental Trading Blocs In A Model With Transport Costs
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Author : Ernesto Stein
language : en
Publisher:
Release Date : 1994

The Welfare Implications Of Continental Trading Blocs In A Model With Transport Costs written by Ernesto Stein and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Trade blocs categories.




Trading Blocs


Trading Blocs
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Author : Jagdish N. Bhagwati
language : en
Publisher: MIT Press
Release Date : 1999

Trading Blocs written by Jagdish N. Bhagwati and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Business & Economics categories.


The recent proliferation of free trade areas and customs unions in the world trading system has led to a revival of interest in the economic analysis of Preferential Trade Agreements (PTAs). The principal theoretical question of the 1950s and 1960s (Viner) was whether PTAs encourage or discourage the worldwide nondiscriminatory freeing of trade. The essays in this volume present the central contributions to the analytical approaches developed to examine these questions. -- Provided by publisher.



Trading Blocs


Trading Blocs
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Author : Kerry A. Chase
language : en
Publisher: University of Michigan Press
Release Date : 2009-09-08

Trading Blocs written by Kerry A. Chase and has been published by University of Michigan Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-09-08 with Political Science categories.


Global commerce is rapidly organizing around regional trading blocs in North America, Western Europe, Pacific Asia, and elsewhere--with potentially dangerous consequences for the world trading system. Professor Kerry Chase examines how domestic politics has driven the emergence of these trading blocs, arguing that businesses today are more favorably inclined to global trade liberalization than in the past because recent regional trading arrangements have created opportunities to restructure manufacturing more efficiently. Trading Blocs is the first book to systematically demonstrate the theoretical significance of economies of scale in domestic pressure for trading blocs, and thereby build on a growing research agenda in areas of political economy and domestic politics. "Chase has written a superb book that provides us with an innovative and compelling explanation for the development of trading blocs." --Vinod Aggarwal, Director, Berkeley APEC Study Center, University of California, Berkeley Kerry A. Chase is Assistant Professor of Political Science at Tufts University.



The Political Importance Of Regional Trading Blocs


The Political Importance Of Regional Trading Blocs
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Author : Bart Kerremans
language : en
Publisher: Routledge
Release Date : 2018-02-06

The Political Importance Of Regional Trading Blocs written by Bart Kerremans and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-02-06 with Social Science categories.


This title was first published in 2000. This text addresses concerns about regional trade agreements. From a variety of political and economic angles, it explains the emergence of trade blocs, their internal policies and politics, and their effects on global trade. It does not provide sequential descriptions and analyses of each of the world's major trading blocs. The focus here is on a number of causal factors that help explain the emergence of trading blocs and the development of their relations to and effects on the multilateral trading system. In each chapter, attempts have been made to draw theoretical and case-based generalizations that may apply to other trade blocs than the used in the empirical analyses.