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Despite the long relationship between the European Union and the African, Caribbean, and Pacific (ACP) countries aimed at encouraging their exports while stimulating growth and investment, the ACP states still face difficulties in integrating into the world economy. The author examines the...
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close to zero under a shallow agreement. Given Egypt's highly diversified trading patterns, a shallow PTA with the European … Union could be merely diversionary, leading to a small decline in welfare. Egypt already has duty-free access to the …
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