The semiconductor arrangement was intended to enhance free trade based on market principles. This paper argues that the arrangement had exactly the opposite effect. The arrangement has two parts: a price floor to prevent predatory pricing, and provisions to double U.S. market share in Japan to...

Since the mid 1980s a substantial amount of research has been undertaken on trade in services. Much of this is inspired by the WTO or regional trade agreements, especially the EU, but an increasing number of papers focus on the impacts of services sector liberalization. This paper surveys the...

Purpose – The aim of this paper is to assess the impact of China’s trade agreement and foreign direct investment (FDI) flows to Nigeria with special reference to the manufacturing sector utilizing the following key economic performance indicators: inflation, unemployment, income and gross...

Countertrading for many countries acts as a viable alternative when overseas purchasing requirements stretch foreign currency too far, though it is also used as a means of employment protection. The principle can be further divided into the process of barter, switch trading, buy‐back, evidence...

This article aims at to verify the effects of the trade agreements implanted in the textile sector (Multi-fibre Agreement, Agreement on Textiles and Clothing and liberalization of the textile sector in the world trade) about the integration among the internal and external prices of the cotton of...

This study analyzes the impact of the North American Free Trade Agreement (NAFTA) on the trade between Mexico and the U.S. NAFTA was signed by the U.S., Canada and Mexico on 17 December 1992 and took effect on 1 January 1994. This research found that NAFTA led to a significant increase in U.S....

The book explores the impact of transport costs on trade in Latin America and the Caribbean, and argues that transport costs have assumed an unprecedented strategic importance to the region. The region can no longer rely solely on trade agreements, proximity, labor costs and an abundant supply...

Competing in the world economy does not automatically boost a nation's productivity and restructure its economy. Such progress requires mobilizing capital, employment, technology and knowledge. Opportunities beyond the business realm must be fully exploited to the benfit of society as a whole....

Regional integration initiatives have long been part of the world economic landscape. In Latin America, integration flourished in the early post-war era but then lost momentum until the 1990s, when there was a new wave of initiatives ranging from free trade areas to customs unions. This Report...

The book looks into recent development and economic trends in India and their possible impact for Latin America and the Caribbean. The study argues that India has the potential to mirror the recent economic performance of China, which has become a major market for Latin American and Caribbean...