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Unlike the European Union’s aim of creating a single market and a harmonized regulatory regime, the WTO is a less ambitious enterprise. Its central focus has been non-discrimination in the form of Most Favoured Nation and National Treatment standards and anti-trade protectionism. But while the...
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Our aim is to test the idea that the WTO’s ability to regulate RTAs is likely to decline with the proliferation of RTAs worldwide. According to this idea: (1) “people who live in glass houses should not throw stones”, (2) with the proliferation of RTAs, WTO members are likely to place...
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Compared with Europe and America, East Asia isa latecomer in the new gold-rush of Free Trade Agreements (FTAs). In this process, China has played a significant role. This is not only due to the growing economic clout of China, but also because China has taken a conscious strategy to push for...
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Despite being the largest free trade agreement (FTA) in the world, the Regional Comprehensive Economic Partnership (RCEP) is often criticized as a shallow FTA. In this essay, however, we contend that the RCEP is better understood in the context of the great power rivalry between the United...
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This paper provides a comprehensive review of the China-New Zealand Free Trade Agreement. It starts with the negotiating history, then discusses the major substantive obligations, and concludes with some thoughts on its economic impacts and future prospects
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