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How Regional Blocs Affect Excluded Countries

How Regional Blocs Affect Excluded Countries PDF Author: Won Chang
Publisher: World Bank Publications
ISBN:
Category : Commercial products
Languages : en
Pages : 64

Book Description
Price data on exports to Brazil from countries excluded from MERCOSUR show that preferential trading agreements hurt nonmember countries by compelling them to reduce their prices to meet competition from suppliers within the regional trading bloc.

How Regional Blocs Affect Excluded Countries

How Regional Blocs Affect Excluded Countries PDF Author: Won Chang
Publisher: World Bank Publications
ISBN:
Category : Commercial products
Languages : en
Pages : 64

Book Description
Price data on exports to Brazil from countries excluded from MERCOSUR show that preferential trading agreements hurt nonmember countries by compelling them to reduce their prices to meet competition from suppliers within the regional trading bloc.

How Regional Blocs Affect Excluded Countries

How Regional Blocs Affect Excluded Countries PDF Author: Won Chang
Publisher:
ISBN:
Category :
Languages : en
Pages : 58

Book Description
Price data on exports to Brazil from countries excluded from MERCOSUR show that preferential trading agreements hurt nonmember countries by compelling them to reduce their prices to meet competition from suppliers within the regional trading bloc.The welfare effects of preferential trading agreements are most directly linked to changes in trade prices - that is, the terms of trade.Chang and Winters use a simple strategic pricing game in segmented markets to measure the effects of MERCOSUR on the pricing of nonmember exports to the regional trading bloc. Working with detailed data on unit values and tariffs, they find that the creation of MERCOSUR is associated with significant declines in the prices of nonmembers' exports to the bloc. These can be explained largely by tariff preferences offered to a country`s partners.Focusing on the Brazilian market (by far the largest in MERCOSUR), they show that nonmembers' export prices to Brazil respond to both most-favorable-nation and preferential tariffs. Preferential tariffs induce reductions in nonmember export prices.This paper - a product of Trade, Development Research Group - is part of a larger effort in the group to understand the effects of regional integration. The authors may be contacted at [email protected] or l.a.winters @sussex.ac.uk.

Regional Trading Blocs in the World Economic System

Regional Trading Blocs in the World Economic System PDF Author: Jeffrey A. Frankel
Publisher: Peterson Institute
ISBN: 9780881322026
Category : Business & Economics
Languages : en
Pages : 392

Book Description
Covers trends from 1957 to 1995.

Trading Blocs

Trading Blocs PDF Author: Kerry A. Chase
Publisher: University of Michigan Press
ISBN: 047202289X
Category : Political Science
Languages : en
Pages : 327

Book Description
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.

Regional Integration and Development

Regional Integration and Development PDF Author: Maurice W. Schiff
Publisher: World Bank Publications
ISBN: 9780821350782
Category : Business & Economics
Languages : en
Pages : 344

Book Description
This text examines regionalism from the perspective of developing countries. It presents a comprehensive account of existing theory and empirical results and incorporates the findings of formal analyses ofthe politics and dynamics of regionalism.

Positive and Normative Analysis in International Economics

Positive and Normative Analysis in International Economics PDF Author: Hironobu Nakagawa
Publisher: Springer
ISBN: 0230348203
Category : Political Science
Languages : en
Pages : 274

Book Description
This volume addresses profound issues in international economics, with contributions from leading researchers on the implications of trade. Empirical studies address preferential trading arrangements, global imbalances and exchange rates, facilitating an understanding of how the economy functions and enabling detailed policy evaluation.

The European Union, Mercosul and the New World Order

The European Union, Mercosul and the New World Order PDF Author: Helio Jaguaribe
Publisher: Routledge
ISBN: 1135760993
Category : Political Science
Languages : en
Pages : 248

Book Description
A critical insight into the politics and economics of relations between the EU and Latin America, particularly Mercosul, highlighting the significance of such relations for multilateralism and the international order.

Preferential Trade Agreements

Preferential Trade Agreements PDF Author: Kyle W. Bagwell
Publisher: Cambridge University Press
ISBN: 1139498908
Category : Law
Languages : en
Pages : 289

Book Description
This volume assembles a stellar group of scholars and experts to examine preferential trade agreements (PTAs), a topic that has time and again attracted the interest of analysts. It presents a discussion of the evolving economic analysis regarding PTAs and the various dysfunctions that continually place them among the priority items for (re)negotiation by the WTO. The book explores recent empirical research that casts doubt on the old 'trade diversion' school and debates why the WTO should deal with PTAs and if PTAs belong under the mandate of the WTO as we now know it.

Preferential Trade Agreement Policies for Development

Preferential Trade Agreement Policies for Development PDF Author: Jean-Pierre Chauffour
Publisher: World Bank Publications
ISBN: 0821386433
Category : Business & Economics
Languages : en
Pages : 537

Book Description
The Handbook offers an introduction to the key elements of Preferential Trade Agreements (PTAs), addressing the practical economic and legal aspects of the regulatory policies in PTAs.

Innocent Bystanders

Innocent Bystanders PDF Author: L. Alan Winters
Publisher: Commonwealth Secretariat
ISBN: 9780850928952
Category : Business & Economics
Languages : en
Pages : 140

Book Description
Considers the implications of the proposed EU-India Free Trade Agreement for other, excluded countries, throwing light on the general question whether the EU initiative to promote Free Trade Agreements is positive or not for those trading partners excluded from each one.