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threat President Trump has made if the proposed United States-Mexico-Canada Agreement is not passed by the U.S. Congress. We … the biggest loser; Canada is the biggest loser. Canada's welfare (per capita income) loss of 2.11 percent is nearly two …
Persistent link: https://www.econbiz.de/10012026353
The paper argues that East Asian regionalism is fragile because (i) each nation's industrial competitiveness depends on the smooth functioning of "Factory Asia" - in particular for intraregional trade; (ii) the unilateral tariff-cutting that created Factory Asia is not subject to WTO discipline...
Persistent link: https://www.econbiz.de/10011281488
enter a new phase with the entry into force of United States-Mexico-Canada Agreement (USMCA) on 1 July 2020. This note …
Persistent link: https://www.econbiz.de/10013249950
The Canada-United States-Mexico Agreement (CUSMA), as amended by the Protocol of Amendment signed December 10, 2019 … restrictive of trade. The liberalizing elements include expanding US access to Canada's dairy and poultry markets; raising the … threshold for tax and duty-free entry into Canada and Mexico of low-value goods imports; and easing some barriers to services …
Persistent link: https://www.econbiz.de/10012848468
The role and shape of international trade agreements is changing. No longer simple devices for easing the movement of goods across borders, it is becoming both an instrument of integrated economic regulation at the supra national level and a tool of international relations within the emerging...
Persistent link: https://www.econbiz.de/10014159618
In late 2011, Canada indicated it wanted to join negotiations underway among nine countries towards a new Trans …-Pacific Partnership (TPP) agreement on trade. It is important for Canada to be at the table in these talks, which currently involve … economies comprising 28 percent of world GDP. There is a stumbling block, however: Canada had the chance in 2005 to join the …
Persistent link: https://www.econbiz.de/10013109024
Rules on digital trade are rapidly taking shape as countries in Asia-Pacific and beyond strive to secure the benefits associated with e-commerce and the digitalization of trade in goods and services. At the multilateral level, the WTO holds promise to reach a plurilateral agreement on core...
Persistent link: https://www.econbiz.de/10014451848
Given the current state of multilateral trade negotiations, it appears that preferential trade agreements (PTAs) will serve as the main vehicle for increased liberalization in the short term. The question arises, whether the proposed Trans-Pacific Partnership (TPP) should and could include...
Persistent link: https://www.econbiz.de/10014175997
The proposed Transatlantic Trade and Investment Partnership (TTIP) between the European Union and the United States of America would be the largest preferential trade agreement in the world. Encompassing almost half of world GDP, it will have strong economic effects on Germany. In this paper, we...
Persistent link: https://www.econbiz.de/10010469280