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The Economics of Regional Trading Arrangements$
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Richard Pomfret

Print publication date: 2001

Print ISBN-13: 9780199248872

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0199248877.001.0001

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Other Free Trade Areas and Customs Unions

Other Free Trade Areas and Customs Unions

(p.297) 14 Other Free Trade Areas and Customs Unions
The Economics of Regional Trading Arrangements

Richard Pomfret (Contributor Webpage)

Oxford University Press

Other free trade areas and customs unions have been less intensively studied than the EU or NAFTA. RTAs among developing countries have not had a great impact, often because paper agreements were not fully implemented, or where they have had an impact they have not survived, sometimes because they involved trade diversion that turned out to be costly for some members. Section 2 deals with RTAs among centrally planned economies.

Keywords:   centrally planned economies, customs union, developing countries, free trade area, regional trading arrangement, trade diversion

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