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Book synopsis

This collection of essays offers an assessment of the economic impact of preferential trade areas (PTAs) on member countries and the world. The text presents a theoretical analysis of the issues using economic models and also studies the relationahip between regionalism and multilateralism. Subsequent sections examine the role of PTAs in Asia, North America, and Latin America. The general theme of the volume is that, on balance, trade liberalization through PTAs is a mistake, and that the consequences of PTAs - increased tariffs for non-member countries - are likely to undermine the multilateral trading system.

Book details

Book category Books in English Economics, finance, business & management Economics International economics

• Full title: Regionalism In Trade Policy: Essays On Preferential Trading
• Author: Arvind Panagariya
• Language: English
• Binding: Hardback
• Number of pages: 244
• EAN: 9789810238414
• ISBN: 981023841X
• ID: 05066298
• Publisher: World Scientific Publishing Co Pte Ltd
• Weight: 476 g
• Dimensions: 224 × 162 × 22 mm
• Date of publishing: 20. October 1999

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