Do Trading Blocs Liberalise World Trade?

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Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Do Trading Blocs Liberalise World Trade? by : Matthew Cumberworth

Download or read book Do Trading Blocs Liberalise World Trade? written by Matthew Cumberworth and published by . This book was released on 1996 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

How Regional Trade Blocs affect Liberalisation of International Trade

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Publisher : GRIN Verlag
ISBN 13 : 3656742804
Total Pages : 59 pages
Book Rating : 4.6/5 (567 download)

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Book Synopsis How Regional Trade Blocs affect Liberalisation of International Trade by : Kelly Bill

Download or read book How Regional Trade Blocs affect Liberalisation of International Trade written by Kelly Bill and published by GRIN Verlag. This book was released on 2014-09-15 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2011 in the subject Business economics - Trade and Distribution, grade: B+, Stanford University, language: English, abstract: A trade bloc is a preferential trade agreement between a range of nations, aimed at significantly reducing or removing trade barriers within the member states. Regional trade blocs are formed by neighbouring countries or countries that are in close proximity to each other. The two key features of a trade bloc is that (1) it involves a cutback or abolition of obstacles to trade, and (2) the trade liberalisation that is attained through the trade bloc is discriminatory in purview of the fact that it is applicable only to the member states of the trade bloc and non-member countries are shown prejudice in their dealings with members of the trade bloc. The first aspect of trade blocs above is in line with the mission of the World trade Organisation (WTO) and its antecedent, the General Agreement on Tariffs and Trade (GATT). The principle of Non-discrimination under the GATT stipulates that no member state shall show prejudice between GATT members during the operations of world trade. In the same magnitude, the WTO offers an environment for negotiating agreements that are focused on reducing barriers to international trade and making sure that trade is carried out on a basis of openness, thus contributing to economic growth as well as development. Notably, although trade blocs have different structures, they are premised on the same objective, that is, to lessen trade barriers among member states. The second aspect of trade blocs however seems to be in conflict with the motive of the GATT/WTO system. The preamble of the GATT is very clear on promoting non-discrimination in international trade by reinforcing the need for reciprocal and equally advantageous arrangements focused on substantial cutbacks in tariffs and other obstacles to trade and to the abolition of discriminatory treatment in international trade. Equally, under the WTO as well as under its predecessor, the GATT, trade discrimination is promoted through the use of the principles of the Most-Favoured-Nation (MFN) that requires treatment of other people equally as pertains to trade and the principle of National Treatment which stipulates that foreigners and locals should be treated equally in trade matters. The above overview of regional trading blocs implies that different opinions can be stated regarding how trading blocs affect liberalisation of trade. [...]

Trade Blocs

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Publisher : Cambridge University Press
ISBN 13 : 1139443321
Total Pages : 89 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Trade Blocs by : Pravin Krishna

Download or read book Trade Blocs written by Pravin Krishna and published by Cambridge University Press. This book was released on 2005-08-01 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the successes achieved in liberalizing trade by multilateral trade negotiations sponsored by the World Trade Organization (WTO), numerous countries have separately negotiated preferential trade treaties with one another. Representing a significant departure from the WTO's central principle of non-discrimination among member countries, preferential trade blocs are the subject of an intense academic and policy debate. The first section of this 2005 book presents a rudimentary and intuitive introduction to the economics of preferential trade agreements. The following chapters present the author's theoretical and empirical research on a number of questions surrounding the issue of preferential trade agreements including the design of necessarily welfare-improving trade blocs, the quantitative (econometric) evaluation of the economic (welfare) impact of preferential trade liberalization, and the impact of preferential trade agreements and the multilateral trade system.

Most-favoured-nation Treatment

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Publisher :
ISBN 13 :
Total Pages : 164 pages
Book Rating : 4.:/5 (1 download)

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Book Synopsis Most-favoured-nation Treatment by : United Nations Conference on Trade and Development

Download or read book Most-favoured-nation Treatment written by United Nations Conference on Trade and Development and published by . This book was released on 2010 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: The publication contains an explanation of Most Favored Nation (MFN) treatment and some of the key issues that arise in its negotiation, particularly the scope and application of MFN treatment to the liberalization and protection of foreign investors in recent treaty practice. The paper provides policy options as regards the traditional application of MFN treatment and identifies reactions by States to the unexpected broad use of MFN treatment, and provides several drafting options, such as specifying or narrowing down the scope of application of MFN treatment to certain types of activities, clarifying the nature of "treatment" under the IIA, clarifying the comparison that an arbitral tribunal needs to undertake as well as a qualification of the comparison "in like circumstances" or excluding its use in investor-State cases.

World Trade and Development

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Publisher : Atlantic Publishers & Dist
ISBN 13 : 9788171567348
Total Pages : 268 pages
Book Rating : 4.5/5 (673 download)

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Book Synopsis World Trade and Development by : Raj Kumar Sen

Download or read book World Trade and Development written by Raj Kumar Sen and published by Atlantic Publishers & Dist. This book was released on 1997 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Trade And Development: Economic Integration, Regional Blocs And Non-Members Is An Edited Volume Of Research Articles Dis¬Tributed Over Three Parts. Economic Integration : Theoretical And Other Issues Is The Theme Of The Part A And Consists Of Five Articles By K.C. Roy, C.A. Tisdell, J.C.H. Chai, K.P. Kalirajan, R.T. Shand And J.C. Debnath. Part B Deals With European Economic Integration And The Indian Sub-Continent And Five Articles In This Part Are Authored By S.N. Guha Thakurata, Debesh Bhowmik, Supriyo Bhattacharya, Santikumar Ghosh, Bipul Malakar & Haripada Bhattacharya. The Last Part On Economic Integration, Economic Adjustment And Trade : Other Countries Has Three Articles By Z. Gao, C.A. Tisdell, B.C. Prasad And Raj Kumar Sen. Quite A Few Of These Articles Were Presented In The Eds 1St International Seminar On Recent Integration & Transformation Of European Economies And Their Impact On India And Other Lies . A Rapporteur S Report On This Session Is Also Included In The Appendix. This Volume Is Expected To Fill Up The Research Gap In This Important Area And Would Be Of Considerable Benefit To Policy Makers In Different Trading Countries Whether Belonging Or Not To Any Trading Bloc.

Trading Blocs and the Future GATT Agenda

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Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Trading Blocs and the Future GATT Agenda by : Nicholas Hopkinson

Download or read book Trading Blocs and the Future GATT Agenda written by Nicholas Hopkinson and published by . This book was released on 1993 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is optimism that the Uruguay Round will be completed, but the real question is the quality of the final agreement. Outstanding business from the Round, which brings together all the distinct strands of world trade for the first time, and new policy aspects such as the environment, competition and labour, will be among the main agenda items for a future Round. Nevertheless, the highest priority in multilateral trade relations today is to complete the current Round.

China and the WTO

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Publisher : Princeton University Press
ISBN 13 : 0691206597
Total Pages : 262 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis China and the WTO by : Petros C. Mavroidis

Download or read book China and the WTO written by Petros C. Mavroidis and published by Princeton University Press. This book was released on 2021-01-05 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: "China's accession to the World Trade Organisation (WTO) in 2001 was hailed as the natural conclusion of a long march that started with the reforms introduced by Deng Xiaoping in the 1970s. However, China's participation in the WTO since joining has been anything but smooth, and its self-proclaimed "socialist market economy" system has alienated many of its global trading partners - as recent tensions with the United States exemplify. Prevailing diplomatic attitudes tend to focus on two diametrically opposing approaches to dealing with the emerging problems: the first is to demand that China completely overhaul its economic regime; the second is to stay idle and accept that the WTO must accommodate different economic regimes, no matter how idiosyncratic and incompatible. In this book, Mavroidis and Sapir propose a third approach. They point out that, while the WTO (as well as its predecessor, the General Agreement on Tariffs and Trade [GATT]) has previously managed the accession of socialist countries or of big trading nations, it has never before dealt with a country as large or as powerful as China. Therefore, in order to simultaneously uphold its core principles and accommodate China's unique geopolitical position, the authors argue that the WTO needs to translate some of its implicit legal understanding into explicit treaty language. Focusing on two core complaints - that Chinese state-owned enterprises (SOEs) benefit from unfair trade advantages, and that domestic companies (both private as well as SOEs) impose forced technology transfer on foreign companies as a condition for accessing the Chinese market - they lay out their specific proposals for successful legislative amendment"--.

Understanding the WTO

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Publisher : World Trade Organization
ISBN 13 : 9287034958
Total Pages : 116 pages
Book Rating : 4.2/5 (87 download)

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Book Synopsis Understanding the WTO by :

Download or read book Understanding the WTO written by and published by World Trade Organization. This book was released on 2008 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Development and Multilateral Trade Cooperation

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Publisher : World Bank Publications
ISBN 13 : 0821360647
Total Pages : 526 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Economic Development and Multilateral Trade Cooperation by : Bernard M. Hoekman

Download or read book Economic Development and Multilateral Trade Cooperation written by Bernard M. Hoekman and published by World Bank Publications. This book was released on 2005-12-01 with total page 526 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can international trade agreements promote development and how can rules be designed to benefit poor countries? Can multilateral trade cooperation in the World Trade Organization (WTO) help developing countries create and strengthen institutions and regulatory regimes that will enhance the gains from trade and integration into the global economy? And should this even be done? These are questions that confront policy makers and citizens in both rich and poor countries, and they are the subject of Economic Development and Multilateral Trade Cooperation. This book analyzes how the trading system could be made more supportive of economic development, without eroding the core WTO functions.

The Regulation of International Trade, Volume 3

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Publisher : MIT Press
ISBN 13 : 0262360616
Total Pages : 753 pages
Book Rating : 4.2/5 (623 download)

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Book Synopsis The Regulation of International Trade, Volume 3 by : Petros C. Mavroidis

Download or read book The Regulation of International Trade, Volume 3 written by Petros C. Mavroidis and published by MIT Press. This book was released on 2020-11-24 with total page 753 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive analysis of GATS that considers its historical context, the national preferences that shaped it, and a path to a GATS 2.0. The previous two volumes in The Regulation of International Trade analyzed the General Agreement on Tariffs and Trade (GATT), the first successful agreement to generate multilateral trade liberalization, and the World Trade Organization (WTO), for which the GATT laid the groundwork. In this third volume, Petros Mavroidis turns to the General Agreement on Trade in Services (GATS), a WTO treaty that took effect in 1995, and offers a comprehensive analysis that considers the historical context of the GATS, the national preferences that shaped it, and a path to a GATS 2.0.

Liberalisation of Trade and reduction of protectionism

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Publisher : GRIN Verlag
ISBN 13 : 3638255956
Total Pages : 17 pages
Book Rating : 4.6/5 (382 download)

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Book Synopsis Liberalisation of Trade and reduction of protectionism by : Andreas Wellmann

Download or read book Liberalisation of Trade and reduction of protectionism written by Andreas Wellmann and published by GRIN Verlag. This book was released on 2004-02-22 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2004 in the subject Economics - Macro-economics, general, grade: 72%, University of Bradford (-), course: Macro Economics, language: English, abstract: International trade has increased from $2 trillion in 1985 to over $ 6.4 trillion in 2002.1 This impressive growth is primarily the consequence of various political and technological developments of the past 15 years. The political raise of Russia and Asia, particularly China, has extended the worldwide markets. At the same time, technological changes like the Internet have decreased information asymmetry and lowered costs for logistic services, which facilitated the development of international trade. Moreover, organisations like the World Trade Organisation (WTO) have helped to liberalize and deregulate worldwide markets. Today, all aspects of a nation’s economy are closely correlated to the economies of its trading partners. The world has become a ‘village’ and market players are able to interact and transact around the world within ‘real time’ (Carbaugh 2002). [...]

Regional Trade Agreements Versus Broad Liberalization

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Publisher : International Monetary Fund
ISBN 13 : 1451845944
Total Pages : 35 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Regional Trade Agreements Versus Broad Liberalization by : Mr.Athanasios Vamvakidis

Download or read book Regional Trade Agreements Versus Broad Liberalization written by Mr.Athanasios Vamvakidis and published by International Monetary Fund. This book was released on 1998-03-01 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Should a closed economy open its trade to all countries or limit itself to participation in regional trade agreements (RTAs)? Based on time-series evidence for a data set for 1950-92, this paper estimates and compares the growth performance of countries that liberalized broadly and those that joined an RTA. The comparisons show that economies grew faster after broad liberalization, both in the short and long run, but slower after participation in an RTA. Economies also had higher investment shares after broad liberalization, but lower ones after joining an RTA. The policy implications support broad liberalization.

Regional Trade Blocs, Multilateralism and the GATT

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Publisher : Burns & Oates
ISBN 13 : 9781855674073
Total Pages : 200 pages
Book Rating : 4.6/5 (74 download)

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Book Synopsis Regional Trade Blocs, Multilateralism and the GATT by : Till Geiger

Download or read book Regional Trade Blocs, Multilateralism and the GATT written by Till Geiger and published by Burns & Oates. This book was released on 1996 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contributions to this broad-ranging volume provide a political economy and policy-analysts' perspective on the potential conflict between regional economic integration and multilateral international trade at the end of the Uruguay Round. It will be of interest to all those concerned with issues of international trade and integration.

The History and Future of the World Trade Organization

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Publisher :
ISBN 13 :
Total Pages : 704 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis The History and Future of the World Trade Organization by : Craig VanGrasstek

Download or read book The History and Future of the World Trade Organization written by Craig VanGrasstek and published by . This book was released on 2013 with total page 704 pages. Available in PDF, EPUB and Kindle. Book excerpt: The History and Future of the World Trade Organization is a comprehensive account of the economic, political and legal issues surrounding the creation of the WTO and its evolution. Fully illustrated with colour and black-and-white photos dating back to the early days of trade negotiations, the publication reviews the WTO's achievements as well as the challenges faced by the organisation, and identifies the key questions that WTO members need to address in the future. The book describes the intellectual roots of the trading system, membership of the WTO and the growth of the Geneva trade community, trade negotiations and the development of coalitions among the membership, and the WTO's relations with other international organisations and civil society. Also covered are the organisation's robust dispute settlement rules, the launch and evolution of the Doha Round, the rise of regional trade agreements, and the leadership and management of the WTO.

Continental Trading Blocs

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Publisher :
ISBN 13 :
Total Pages : 310 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Continental Trading Blocs by : Richard Gibb

Download or read book Continental Trading Blocs written by Richard Gibb and published by . This book was released on 1994-09-06 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regional specialists systematically examine the topic of economic regionalism along with its wider theoretical and empirical perspectives. Analyzes some of the arguments and issues surrounding trading bloc formation, particularly whether regionalism is a result of, or a response to, a major change in the nature of contemporary capitalism. Explores the character, structure and components of existing trading bloc arrangements. Reviews the prospects and potential for NAFTA and concludes by gathering together the many conflicting trends evident in the regionalism versus multilateralism debate.

Challenges to Multilateral Trade

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Publisher : Kluwer Law International B.V.
ISBN 13 : 9041127119
Total Pages : 289 pages
Book Rating : 4.0/5 (411 download)

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Book Synopsis Challenges to Multilateral Trade by : Ross P. Buckley

Download or read book Challenges to Multilateral Trade written by Ross P. Buckley and published by Kluwer Law International B.V.. This book was released on 2008-01-01 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Progress in multilateral negotiations to liberalize trade under the World Trade Organization (WTO) has become more difficult since newer members are generally developing countries with different interests than the United States, the European Union and other industrialized countries. More than 250 free trade agreements (FTAs) have come into effect since 1948. Partly as a result of the WTO impasse, over 130 FTAs have been ratified just in the past ten years; each agreement has been designed to eliminate trade restrictions and subsidies between the parties involved. Almost all of the WTO Members participate in one or more FTAs (some Members are party to twenty or more). Most books on FTAs are country- or region-specific, while others deal with the subject from a particular perspective. This timely work, produced by some of the world's leading experts in their respective fields, employs a broader approach exploring FTAs from the interdisciplinary perspectives of international law, political economy, culture and human rights

Regional Trading Blocs in the World Economic System

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Author :
Publisher : Peterson Institute
ISBN 13 : 9780881322026
Total Pages : 392 pages
Book Rating : 4.3/5 (22 download)

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Book Synopsis Regional Trading Blocs in the World Economic System by : Jeffrey A. Frankel

Download or read book Regional Trading Blocs in the World Economic System written by Jeffrey A. Frankel and published by Peterson Institute. This book was released on 1997 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covers trends from 1957 to 1995.