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This paper argues that preferential trade agreements (PTAs) and the World Trade Organization (WTO) are not substitutes …
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Economy. Firstly, it aims to deepen our understanding of the emergence of the BRICs in the world economy. To this end, a … macroeconomic analysis is carried out with the aim of making clear the changes the BRICs have brought to the world economy. Secondly …, an analysis is made of the extent to which the global economic crisis has enhanced the role of the BRICs in the world …
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