Regional Trade Arrangements

March 15, 1992

Summary

Regional trade arrangements have recently attracted growing interest, as existing schemes are either being extended or revived and new groupings are being formed. This study reviews recent initiatives and the experience with regional integration in industrial and developing countries and discusses the implications of the recent expansion of the trend for the multilateral trading system.

Subject: Customs unions, International trade, Tariffs, Taxes, Trade barriers, Trade liberalization, Trading arrangements

Keywords: Central America, common market, country, Customs unions, EFTA country, gains from trade trade creation, Global, liberalization, North America, OP, Southern Africa, Sub-Saharan Africa, Tariffs, Trade barriers, trade creation, trade diversion, Trade liberalization, trade-diversion effect, Trading arrangements, United States-Canada FTA

Pages:
59
Volume:
1992
DOI:
https://doi.org/10.5089/9781557752277.084
Issue:
005
Series:
Occasional Paper No. 1992/005
Stock No:
S093EA0000000
ISBN:
9781557752277
ISSN:
0251-6365

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Occasional Papers