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 …

potential and trade opportunities through regional integration. We analyze the implications of such opportunities using a …

This study examines the dynamic effects of a Free Trade Area of the Americas (FTAA) on the countries within the Western … in saving-investment, capital accumulation, and the linkages between openness in trade and economic growth. The study … finds that the developing countries in the hemisphere may not enjoy welfare gain from an FTAA if they trade more with non …