Regional Trade Agreements and Excluded Countries

Mega‐regional trade Agreements: Costly distractions for developing countries?

Regional Trade Agreements: Effects on Trade

positive or negative effects on trade depending on their design and implementation. Analysis in this chapter confirms that gains from a preferential trade agreement cannot be taken for granted; moreover, even in agreements with positive impacts on average incomes, not all members are assured of increases. The interesting policy question then is not whether RTAs are categorically good or bad, bu...

Regional Trade Agreements: a comparison

The negotiation and construction of a Regional Trade Agreement (RTA) bears the elements of its future success. The agreement identifies the relative strength of the countries involved and the long-term internal functioning of the agreement. A comparison between the NAFTA and Mercosur RTAs highlights this concept. NAFTA appears to indicate the clear range of possibilities to the US, Canada and M...

Trade agreements and health in developing countries.

Politicians champion free trade for bringing an era of high and stable growth, although the evidence supporting such claims is ambiguous. Studies that associate increases in trade with increases in gross domestic product often leave open questions of causality: high growth, the result for instance of strong industrial policies, typically leads to more trade. China and India's growth spurts prec...

Small Countries and Preferential Trade Agreements

This paper examines the welfare implications of preferential trade agreements (PTAs) from the perspective of small countries in the context of a multi-country, general equilibrium model. We calibrate our model to represent one relatively small country and two symmetric big countries. We consider two cases. In one case, the small country is an “innocent bystander,” that is, it is left out of a P...