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Preference Areas and Intra Product Specialization

Arndt, Sven W. - Lowe Institute of Political Economy, Claremont McKenna … - 2001

It is well-known that preferential trade agreements involving final products may raise or lower welfare, depending upon whether the trade-creating elements dominate or not. The object of this paper is to examine the effects of preference arrangements covering trade in goods as well as components...

Persistent link: https://www.econbiz.de/10005700463

Globalization and Trade: A Symposium

Arndt, Sven W. - Lowe Institute of Political Economy, Claremont McKenna … - 1997

The world economy has become more open and integrated in recent years. Countries are more engaged in international … mind when they talk about the 'internalisation' or 'globalisation' of the world economy. While the general trend toward … disagreement on whether all this is on balance good or bad - for the world economy and for individual countries and their citizens …

Persistent link: https://www.econbiz.de/10005700464

Globalization and the Open Economy

Arndt, Sven W. - Lowe Institute of Political Economy, Claremont McKenna … - 1997

Does offshore sourcing by domestic producers destroy jobs? Does it lower wages? To a growing number of observers the answer to both questions appears to be affirmative. This paper examines the issue in the context of a conventional trade framework that has been amended to allow production to be...

Persistent link: https://www.econbiz.de/10005754967