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Before the Trans-Pacific Partnership (TPP) was scheduled to enter into force, the United States withdrew from the trade accord. Eleven other TPP signatories decided to revive the agreement, which led to the implementation of the Comprehensive and Progressive Agreement for TPP (CPTPP). The...
Persistent link: https://www.econbiz.de/10014357946
The article explains some possible consequences of the Free Trade Agreement (FTA) signed by Colombia and the United States, discussing the meaning of free trade between the world first economic power and the undeveloped country. Based on the experience of the FTA between Mexico and USA, is...
Persistent link: https://www.econbiz.de/10012777921
The withdrawal of the United States from the Trans-Pacific Partnership (TPP) in early 2017 led the remaining 11 countries in that trade and investment agreement to explore alternative ways to sustain economic integration in the Asia-Pacific region. This Working Paper shows that, without the...
Persistent link: https://www.econbiz.de/10012946282
The Trump administration's swift exit from the TPP has clearly not killed the deal as the remaining signatories consider whether to move ahead without the United States. While the overall impact of the deal would be lower without the U.S., the 11 remaining countries are better off with a TPP11...
Persistent link: https://www.econbiz.de/10012954352
We assess the outcomes for the negotiating parties in the Trans-Pacific Partnership (TPP) if the TPP11 go ahead with the agreement as negotiated without the United States, as compared to the outcomes under the TPP12 agreement as signed in October 2016. Both the TPP11 and TPP12 are assessed on...
Persistent link: https://www.econbiz.de/10012955606
Current trade policies of European Union and United States stresses establishing free trade arrangements (FTAs) with partners all over the world with special emphasis to developing countries. Besides geo-political aspects, the most important motivation include improvement in foreign market...
Persistent link: https://www.econbiz.de/10014050612
While the renegotiation of the North American Free Trade Agreement has received far more attention, a lesser-known U.S. trade deal has also been reworked. In April of 2017, President Trump proclaimed his displeasure with the Korea-U.S. Free Trade Agreement (commonly referred to as “KORUS”),...
Persistent link: https://www.econbiz.de/10014102809
In remarks offered during the March 2016 Canada-United States Law Institute Annual Symposium, Professor Colares offered a brief, somber analysis of the weak 2009-16 economic recovery under "liquidity trap" conditions and under a multilateral trade system that eroded trade remedies while global...
Persistent link: https://www.econbiz.de/10014117650
Neither of the major negotiations underway in the Asia-Pacific region, the Regional Comprehensive Economic Partnership and the Trans-Pacific Partnership, includes both China and the United States. By failing to connect these economies, these agreements would leave much of the economic and...
Persistent link: https://www.econbiz.de/10014141306
In this paper we investigate whether multilateral trade liberalisation undermines or encourages preferential trade liberalisation. We use highly disaggregated data at the tariff-line level and find an 'emulator effect' of multilateral trade liberalisation on preferential trade agreements....
Persistent link: https://www.econbiz.de/10014214931