Facchini, Giovanni; Silva, Peri; Willmann, Gerald - 2008
, 2008
Abstract
The number of preferential trade agreements has greatly increased over the past
two decades, yet most … existing bilateral arrangements take the form of free trade areas,
and less than ten percent can be considered to be fully … edged customs unions. This
paper develops a political economy model of trade policy under imperfect competition
to provide a …