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The WTO was created in 1995 with the propose to encourage and regulate trade between its member states. The primary objective of the WTO was and still is to create economic growth and encourage free trade among nations. This aspect was disputed between specialists: some say that the WTO creates...
Persistent link: https://www.econbiz.de/10011095598
Persistent link: https://www.econbiz.de/10010474672
Many different approaches have developed for the evaluation of non-tariff measures (NTMs) and free trade agreements (FTAs). Moving on from models using simple dummy variables, today a range of databases can capture different aspects of NTMs and FTAs. Some assess the depth of FTAs by extracting...
Persistent link: https://www.econbiz.de/10012262387
Starting in the 1960s with the Kennedy Round of the General Agreement on Tariffs and Trade (GATT), nontariff measures (NTMs) have been replacing tariffs continuously as the core element of trade negotiations. Today they take centre stage in all EU trade agreements with industrialised and...
Persistent link: https://www.econbiz.de/10012262471
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/10012603023
This paper presents a new global tariff database covering tariffs at the six-digit product level for 197 importing countries and their trading partners for 30 years, namely 1988 to 2017. I deal simultaneously with the two major issues, missing data and misreporting, almost doubling the number of...
Persistent link: https://www.econbiz.de/10012254482
We estimate the trade effect of removing uncertainty about future trading conditions in the context of the 2014 reform of the Generalized System of Preferences (GSP) of the European Union (EU). EU GSP members receive non-reciprocal trade preferences (NRTPs), but only as long as they are not too...
Persistent link: https://www.econbiz.de/10012389950
The European Commercial Policy is characterized by a hierarchy of trade preferences which determines the access conditions to European Market for extra-EU partners. This paper first analyses the institutional framework of the European Union trade relationships with most of their external...
Persistent link: https://www.econbiz.de/10014148516
to achieve their ambitious goal of promoting sustainable development through trade integration in Africa. In light of … on the use of regional and subregional approaches to development. Instead of full-fledged trade liberalization and …
Persistent link: https://www.econbiz.de/10013470711
African states up to October 2014. The EPAs are meant not just to liberalize trade but also to promote economic development in …
Persistent link: https://www.econbiz.de/10011334765