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We perform a characterization of Colombia's industrial exports for the 1990-2010 period. We contrast the commonly used … exports, stressing the advantages of the latter. In addition, we analyze their diversification and their degree of … sophistication. Our results suggest that there has been a process of exports diversification in the early 2000s, based on industrial …
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Free trade or preferential trade areas (PTAs) allow importers who belong to the area to export to each other while paying zero or preferential tariffs as long as Rules of Origin (ROOs) are met. Meeting them is costly not only in terms of production costs but also in terms of documentation costs....
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favor export diversification. In this paper, we assess whether this has been the case of Colombian exports to the United … States and whether an FTA with the United States would help Colombia to diversify their exports. We find that lower tariffs … have indeed favored exports of new products from Colombia. Predictions suggest that the FTA is likely to induce further …
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