After seven years of arduous negotiations under the auspices of the General Agreement on Tariffs and Trade (GATT), the Uruguay Round of multilateral trade negotiations was concluded in late 1993. The United States approved the agreement in late 1994, in time for the 1995 commencement of the new...

In Regional Trading Arrangements among Developing Countries: The ASEAN Example, Research Report 103, Dean A. DeRosa examines the experiences of the Association of Southeast Asian Nations (ASEAN) with regional investment and trade arrangements and presents a quantitative analysis of the economic...

This paper examines the extent and structure of nominal protection in a large sample of Sub-Saharan countries, and provides estimates of the effects of this protection on the exports of these countries. Both tariff rates and the frequency of nontariff barriers are found to be appreciably higher...

The author reviews the static theory of regional integration arrangements, identifying and analyzing the impact of such arrangements on the trade and welfare of member countries, nonmember countries, and the world at large. He develops eight policy guidelines that apply mainly to small trading...

Like many other regional groups, the member countries of the South Asian Association for Regional Cooperation (SAARC) Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka have taken steps toward forming a regional free trade area. Will the SAARC Preferential Trading Arrangement...

Like many other regional groups, the member countries of the South Asian Association for Regional Cooperation (SAARC) Bangladesh , Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka have taken steps toward forming a regional free trade area. Will the SAARC Preferential Trading Arrangement...

This paper draws on the neoclassical theory of international trade to examine the limits of efficient export diversification in low-income, commodity-exporting countries. It demonstrates the fundamental importance of relative factor endowments among countries for determining the commodity...