This paper explores the relationship between preferential and multilateral trade liberalization at the sectoral level …. While in some industries, complementary effects between both kinds of trade liberalization are observed, in others no …

on the behavior of trade flows in the wake of the 2008 global economic crisis. While trade in parts and components and … final assembly within production networks ("network trade") has generally grown faster than total world trade in … elsewhere in the world. Network trade has certainly strengthened economic interdependence among countries in the region, with …

Preferential trade agreements could lead to a reallocation of resources across sectors and countries. Production …, empirical evidence on South-South trade agreements is limited. The purpose of this paper is to fill this gap in the empirical …, and Uruguay over the period 1985-1998. We find that deepened preferential trade liberalization has fostered a reshaping of …