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theories - one about how multilateral trade liberalization affects regional integration, the other about how it affects … to the recent wave of regional integration arrangements. Alesina and others (1997), in discussing the number and size of … regional integration arrangements increases, the ratio of free trade areas to customs unions also increases. The same arguments …
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From 1948 to 1994, the General Agreement on Tariffs and Trade (GATT) Secretariat received 124 indications of Regional Trade Agreements (RTAs) relating to the trade in goods, and since the creation of the World Trade Organization (WTO) in 1995, more than 240 additional RTAs (covering trade in...
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