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Impact of Asia-Pacific Economic Cooperation (APEC) to the contemporary economy
Drews, Agnieszka - 2015
Trade is one of the important aspects of economic policy in the contexts of the third wave of regionalism. It is proven …
Persistent link: https://www.econbiz.de/10012232431
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Intra-Bloc Tariffs and Preferential Margins in Trade Agreements
Ornelas, Emanuel; Tovar, Patricia - 2021
We study, theoretically and empirically, how countries choose intra-bloc tariffs and preferential margins when they form Preferential Trade Agreements (PTAs). Our model indicates that countries should set systematically lower preferential margins when the bloc takes the form of a free trade area...
Persistent link: https://www.econbiz.de/10012657951
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The Costs and Benefits of Rules of Origin in Modern Free Trade Agreements
Ornelas, Emanuel; Turner, John L. - 2022
We study the welfare impact of rules of origin in free trade agreements where final-good producers source customized inputs from suppliers within the trading bloc. We employ a property-rights framework that features hold-up problems in suppliers' decisions to invest, and where underinvestment is...
Persistent link: https://www.econbiz.de/10013427706
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Complements or Substitutes? Preferential and Multilateral Trade Liberalization at the Sectoral Level
Ando, Mitsuyo; Estevadeordal, Antoni; Volpe Martincus, … - 2009
This paper explores the relationship between preferential and multilateral trade liberalization at the sectoral level using a unique dataset that includes data on most favored nation (MFN) and bilateral preferential tariffs at the 4-digit ISIC level for 11 Latin American countries over the...
Persistent link: https://www.econbiz.de/10010507471
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Shaping New Regionalism in the Pacific Islands: Back to the Future?
Chand, Satish - 2010
region are largely the product of the region‘s colonial history. Yet, the story of regionalism among the Pacific Islands … respective congregations. The security concerns and strategic interests of the major powers have shaped regionalism and are … contributing to regionalism today. Thus, Pacific Island countries may want to pursue trade liberalization unilaterally. …
Persistent link: https://www.econbiz.de/10010507502
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Sequencing Regionalism: Theory, European Practice, and Lessons for Asia
Baldwin, Richard E. - 2011
Feedback mechanisms are the key to sequencing when it comes to regional integration; can mean that today’s policy or institution alters the political-economy landscape in a way that makes it politically optimal for future governments to take further steps toward integration—even when these...
Persistent link: https://www.econbiz.de/10010507524
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Why are Trade Agreements Regional?
Zissimos, Ben - 2007
This paper shows how distance may be used to coordinate on a unique equilibrium in which trade agreements are regional. Trade agreement formation is modeled as coalition formation. In a standard trade model with no distance between countries, a familiar problem of coordination failure arises...
Persistent link: https://www.econbiz.de/10010312565
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Free trade agreements and the consolidation of democracy
Liu, Xuepeng; Ornelas, Emanuel - 2013
of regionalism and of worldwide democratization since the late 1980s. …
Persistent link: https://www.econbiz.de/10010291532
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Complements or substitutes? : preferential and multilateral trade liberalization at the sectoral level
Ando, Mitsuyo; Estevadeordal, Antoni; Volpe Martincus, … - 2009
This paper explores the relationship between preferential and multilateral trade liberalization at the sectoral level using a unique dataset that includes data on most favored nation (MFN) and bilateral preferential tariffs at the 4-digit ISIC level for 11 Latin American countries over the...
Persistent link: https://www.econbiz.de/10011283451
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Regionalism and falling external protection in high and low tariff members
Crivelli, Pramila - 2012
Persistent link: https://www.econbiz.de/10009667311