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One issue dominating recent discussions on free trade areas and other minilateral associations (preferential trade arrangements) is whether such arrangements will detract from further multilateral trade liberalization on a most-favored-nation basis. But for much of this debate empirical...
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In the policy environment prevailing before implementation of the Uruguay Round results, exports from developing countries face significant nontariff measures in industrial countries. Based on 1992 trade flows, the import coverage ratio of nontariff measures on this trade was more than 18...
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In establishing the value of imports for tariff assessment, most countries apply duties either to the cost-insurance-freight (c.i.f.) or the free-on-board (f.o.b.) value of the traded good. One effect of using the far more common c.i.f. base is to place a disproportinate burden on countries that...
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Unlike earlier analysts, who have focused on U.S. objectives, the authors focus here on what 11 Latin American countries (Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Mexico, Paraguay, Peru, Uruguay, and Venezuela) stand to gain from a preferential removal of U.S. trade barriers - that...
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Several studies have quantified the influence of the North American Free Trade Agreement (NAFTA) and the earlier Canada - United States Free Trade Agreement on member countries. Less attention has been paid to their effects on nonmembers. The authors try to quantify NAFTA's third-party effects...
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