Does regionalism affect trade liberalization toward non-members ?
Antoni Estevadeordal
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Does regionalism affect trade liberalization toward non-members ?
Published
2008
Publisher
World Bank
Description
"This paper examines the effect of regionalism on unilateral trade liberalization using industry-level data on applied most-favored nation tariffs and bilateral preferences for ten Latin American countries from 1990 to 2001. The findings show that preferential tariff reduction in a given sector leads to a reduction in the external (most-favored nation) tariff in that sector. External liberalization is greater if preferences are granted to important suppliers. However, these "complementarity effects" of preferential liberalization on external liberalization do not arise in customs unions. Overall, the results suggest that concerns about a negative effect of preferential liberalization on external trade liberalization are unfounded. "--World Bank web site.
International trade
Summary of trade and tariff information
Practical guide to the use of the European Communities' scheme of generalized tariff preferences
The origin of goods
Tariff preferences in Mediterranean diplomacy
United States-Caribbean Basin Trade Enhancement Act
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Does regionalism affect trade liberalization toward non-members ? was written by Antoni Estevadeordal.
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