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Regional Trade Agreements and the WTO Legal System$
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Lorand Bartels and Federico Ortino

Print publication date: 2006

Print ISBN-13: 9780199206995

Published to Oxford Scholarship Online: March 2012

DOI: 10.1093/acprof:oso/9780199206995.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 16 November 2019

Economic Analysis of Regional Trade Agreements

Economic Analysis of Regional Trade Agreements

Chapter:
(p.6) (p.7) 1 Economic Analysis of Regional Trade Agreements
Source:
Regional Trade Agreements and the WTO Legal System
Author(s):

Viet D. Do

William Watson

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199206995.003.0002

This chapter discusses the results of economic analyses of regional trade agreements (RTA). The recent proliferation of RTA poses a number of interesting and difficult questions for economists. These questions are concerned with the reasons and motivations for the increasing number of RTA and whether it is welfare-improving. The analyses reveal that RTA are often not long term, most RTA are mainly in free trade areas, and the World Trade Organization (WTO) is implicated in the growth of RTA.

Keywords:   regional trade agreements, welfare-improving, free trade areas, WTO, economic analysis

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