Trading Blocs And Welfare
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Trading Blocs And Welfare
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Author : Mr.Qaizar Hussain
language : en
Publisher: International Monetary Fund
Release Date : 1998-06-01
Trading Blocs And Welfare written by Mr.Qaizar Hussain 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 1998-06-01 with Business & Economics categories.
This paper uses the three-country duopoly model to examine the effects of lowered trade barriers when a new entrant joins a trading bloc. There are two firms—a small-country firm and a large-country firm within the bloc—and three markets—two within and one (new entrant’s) outside the bloc. The analysis generally shows greater gains for the small-country than for the large-country firm. The small-country firm will export more to the external country than the large-country firm. But if tariffs decline, the export share of the large-country firm will increase relative to the small-country firm’s, though profits will improve more for the latter.
Trading Blocs And Welfare
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Author : R. Scott Hacker
language : en
Publisher:
Release Date : 2006
Trading Blocs And Welfare written by R. Scott Hacker and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
This paper uses the three-country duopoly model to examine the effects of lowered trade barriers when a new entrant joins a trading bloc. There are two firms a small-country firm and a large-country firm within the bloc and three markets two within and one (new entrant`s) outside the bloc. The analysis generally shows greater gains for the small-country than for the large-country firm. The small-country firm will export more to the external country than the large-country firm. But if tariffs decline, the export share of the large-country firm will increase relative to the small-country firm`s, though profits will improve more for the latter.
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.
Trade Blocs
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Author : Pravin Krishna
language : en
Publisher: Cambridge University Press
Release Date : 2005-08
Trade Blocs written by Pravin Krishna and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-08 with Business & Economics categories.
A 2005 investigation of the economics and politics of preferential trade agreements in the multilateral trade system.
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.
New Regional Trading Arrangements In The Asia Pacific
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Author : Robert Scollay
language : en
Publisher: Peterson Institute
Release Date : 2001
New Regional Trading Arrangements In The Asia Pacific written by Robert Scollay and has been published by Peterson Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Trade blocs categories.
What are the choices the Asia-Pacific community will face if it proceeds further down the path of developing preferential regional trading arrangements? Fragmentation of the region into preferential trading arrangements on a bilateral or subregional basis promises relatively little economic gain and considerable risk of increased trade conflict. Larger preferential trading blocs, spanning the whole of East Asia, the Western Pacific, or the APEC membership, offer greater potential economic benefits but also face formidable political obstacles. In this study, Scollay and Gilbert weigh the economic consequences of the increased use of preferential trading arrangements in the Asia-Pacific region, whether these develop on the basis of trans-Pacific cooperation or solely within the East Asian or Western Pacific sub-regions. They evaluate the economic effects of both the existing proposals for new bilateral and multilateral agreements and of more far-reaching developments involving the creation of a substantial trading bloc or blocs in the region. Comparisons between the economic effects of establishing such bloc(s) in the region and the effects of achieving APEC's Bogor goals on the basis of "open regionalism" suggest that the latter approach continues to offer a worthwhile alternative. The study demonstrates that the benefits of global free trade dominate those available from establishment of any combination of major blocs or from APEC's "open regionalism".
Economic Theory And Policy For Trading Blocks
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Author : C. J. Bliss
language : en
Publisher: Manchester University Press
Release Date : 1994
Economic Theory And Policy For Trading Blocks written by C. J. Bliss and has been published by Manchester University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Commercial policy categories.
The world economy is commonly seen as becoming divided into trading blocks, in North America, Europe and elsewhere, and there is concern that this will result in the breakdown of liberal trade. This book examines these ideas critically, and considers and extends the economic theory of trading blocks and its implications for policy. The book examines in detail the relationship between exchange rate stabilization, exchange rate variability and trade, and looks at the theoretical and practical issues which the European Monetary System has thrown up. Other issues covered include the consequences for trade and welfare of large imperfectly competitive producers within and outside a block, capital and labour migration, regional policy, subsidy rules, employment rules and environmental standards.
Regional Agreements And Trade In Services
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Author : Aaditya Mattoo
language : en
Publisher: World Bank Publications
Release Date : 2002
Regional Agreements And Trade In Services written by Aaditya Mattoo and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Benefits categories.
Abstract: Every major regional trade agreement now has a services dimension. Is trade in services so different that there is need to modify the conclusions on preferential agreements pertaining to goods reached so far? Mattoo and Fink first examine the implications of unilateral policy choices in a particular services market. They then explore the economics of international cooperation and identify the circumstances in which a country is more likely to benefit from cooperation in a regional rather than multilateral forum. This paper--a product of Trade, Development Research Group--is part of a larger effort in the group to assess the implications of liberalizing trade in services. The authors may be contacted at amattoo@@worldbank.org or cfink@@worldbank.org.
The Economics Of Regional Trading Arrangements
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Author : Richard Pomfret
language : en
Publisher: Oxford University Press
Release Date : 2001
The Economics Of Regional Trading Arrangements written by Richard Pomfret and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business & Economics categories.
Regional trading arrangements have become a feature of international trade in the 1990s. 'The Economics of Regional Trading Arrangements' provides a unified analysis of policies which discriminate among trading partners.
Trade Negotiations In The Presence Of Network Externalities
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Author : Keiko Kubota
language : en
Publisher: World Bank Publications
Release Date : 2000
Trade Negotiations In The Presence Of Network Externalities written by Keiko Kubota and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Acuerdos comerciales categories.
With technology-related goods and services, the presence of network externalities affects a country's willingness to trade. To achieve efficiency gains through worldwide standardization and mutually beneficial trade arrangements, it is important to arrive at multilateral trade agreements before regional blocs form.