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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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Why Do Discriminatory Trading Arrangements Exist?

Why Do Discriminatory Trading Arrangements Exist?

(p.327) 17 Why Do Discriminatory Trading Arrangements Exist?
The Economics of Regional Trading Arrangements

Richard Pomfret (Contributor Webpage)

Oxford University Press

Addresses the question of why RTAs exist. Section 1 lists four proximate explanations on the basis of the immediate consequences of RTAs. Section 2 draws on the political economy of trade barriers literature to explain RTAs in terms of the impact on various groups with differing degrees of influence over trade policy formation and implementation. Section 3 offers some concluding observations.

Keywords:   interest groups, regional trading arrangement, trade barriers, trade policy

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