Cadot, Olivier; de Melo, Jaime; Olarreaga, Marcelo - C.E.P.R. Discussion Papers - 1996
regional integration arrangements (RIAs) on trade policy towards non-members in a three-good, three-country model. We explore … lower tariff against country C. Comparing free trade areas (FTAs) with and without rules of origin and customs unions (CUs … members’ terms of trade, need to be qualified accordingly. As it stands, the results nevertheless suggest that FTAs are likely …