The effect of the Canada‐US Free Trade Agreement on Canadian multilateral trade liberalization

2015 ◽  
Vol 48 (3) ◽  
pp. 1067-1098 ◽  
Author(s):  
Joseph Mai ◽  
Andrey Stoyanov
Keyword(s):  
Trade Liberalization ◽  
Free Trade ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Multilateral Trade ◽  
Multilateral Trade Liberalization

South Asian Free Trade Agreement and the Possibility of Regional Integration within the SAARC: A Historical, Legal and Economic Analysis

2007 ◽  
Vol 2 ◽  
pp. 1-21
Author(s):  
Michael Ewing-Chow ◽  
Md. Rizwanul Islam
Keyword(s):  
Trade Liberalization ◽  
South Asian ◽  
Regional Integration ◽  
Free Trade Agreement ◽  
Regional Cooperation ◽  
Trade Agreement ◽  
Common Phenomenon ◽  
Multilateral Trade ◽  
Multilateral Trade Liberalization ◽  
South Asian Region

AbstractPreferential trading exchanges have been a very common phenomenon in today's world. FTAs and RTAs are growing so fast that many academics are arguing that they are creating obstacles towards WTO's multilateral trade liberalization. Although seven nations in the South Asian region have recently executed an FTA, the progress of regional cooperation in this region is rather dismal. The purpose of this paper is to analyze SAFTA and discuss the prospect of more meaningful cooperation within the SAARC.

Thought This Was Easy? U.S.–Thailand Free Trade Agreement

2017 ◽  
pp. 1-20
Author(s):  
Peter Debaere ◽  
Christine Davies
Keyword(s):  
Free Trade ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Trade Diversion ◽  
Trade Negotiations ◽  
Customs Unions ◽  
Multilateral Trade ◽  
Excellent Opportunity ◽  
The U.S

This case describes and analyzes the negotiations surrounding the U.S.–Thailand free trade agreement (FTA) that never materialized. The case offers an excellent opportunity to discuss the complexities of trade negotiations, the welfare analyses of FTAs (with trade diversion and creation), and the growth of FTAs and customs unions (CUs) as opposed to multilateral trade liberalizations.

South Korea's Marginal Intra-Industry Trade and the Choice of Preferential Partners

2004 ◽  
Vol 3 (3) ◽  
pp. 94-116 ◽  
Author(s):  
Hyun-Hoon Lee ◽  
Chan-Hyun Sohn
Keyword(s):  
South Korea ◽  
Trade Liberalization ◽  
Free Trade ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Trade Expansion ◽  
Industry Trade

South Korea recently signed a free trade agreement (FTA) with Chile and is currently negotiating or studying bilateral FTAs with about 20 countries. However, some South Koreans oppose such agreements because they fear that trade liberalization would result in costly factor adjustment. Many researchers believe that intra-industry trade expansion generates smaller inter-industry factor adjustment (and therefore lower costs) compared with the costs associated with inter-industry trade expansion. This paper analyzes the extent and nature of intra-industry trade and marginal intra-industry trade in South Korea, to help predict the relative costs it might face upon opening its markets to various countries.

scholarly journals On The Viability of A Multilateral Trade Agreement: A Political-Economy Approach

1970 ◽  
Vol 27 (1) ◽  
pp. 53-74
Author(s):  
Danilo Trupkin
Keyword(s):  
Political Economy ◽  
Free Trade ◽  
Free Trade Agreements ◽  
Trade Agreement ◽  
Trade Agreements ◽  
Multilateral Trade ◽  
Big Picture ◽  
Functional Forms ◽  
Multilateral Trade Liberalization ◽  
Political Economy Approach

The big picture issue this paper intends to address is on the incentive aspectsof a multilateral trade liberalization. The paper builds on a framework originallyintroduced in Grossman and Helpman's The Politics of Free-Trade Agreements(1995). The aim of that work was to explain the viability of free trade agreements(FTAs) between two countries in a political-economy framework. A simple extensionto a three-country setting allows us to analyze whether FTAs are "buildingblocs" or "stumblirig blocs." An illustration with specific functional forms serves tofind conditions under which FTAs are, somehow, partial building blocs, i.e., a bilateral liberalizationcan be feasible when multilateral liberalization is not.

scholarly journals Adjusting To Free Trade Egypt's Textile And Ready Made Garment Industry

2011 ◽  
Vol 6 (9) ◽  
Author(s):  
Abeer Elshennawy
Keyword(s):  
Trade Liberalization ◽  
Free Trade ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Garment Industry ◽  
Skilled Labor ◽  
Competitive Pressure

This paper investigated the sources of competitive pressure facing the Textile and ready made garment producers in the course of trade liberalization within the framework of the free trade agreement concluded between Egypt and the European agreement. The main sources of competitive pressure and the main impediments to efficient adjustment to free trade were found to be institutional in nature namely the custom law. Competitive pressure further arises due to the recession and due to the scarcity of some inputs like skilled labor and capital.

scholarly journals On the Relationship between Preferential and Multilateral Trade Liberalization: The Case of Customs Unions

2013 ◽  
Vol 5 (1) ◽  
pp. 63-99 ◽  
Author(s):  
Kamal Saggi ◽  
Alan Woodland ◽  
Halis Murat Yildiz
Keyword(s):  
Trade Liberalization ◽  
Free Trade ◽  
Stable Equilibrium ◽  
Customs Union ◽  
Customs Unions ◽  
Restricted Version ◽  
Multilateral Trade ◽  
Multilateral Trade Liberalization ◽  
The Relationship

This paper compares equilibrium outcomes of two games of trade liberalization. In the Bilateralism game, countries choose whether to liberalize trade preferentially via a customs union (CU), multilaterally, or not at all. The Multilateralism game is a restricted version of the Bilateralism game in that countries cannot form CUs and can only undertake non-discriminatory trade liberalization. When countries have symmetric endowments, global free trade is the only stable equilibrium of both games. Allowing for endowment asymmetry, we isolate circumstances where the option to form CUs helps further the cause of multilateral liberalization as well as where it does not. (JEL F12, F13)

scholarly journals Trade, Agriculture and Illegal Markets: Coca in the Colombia-US Free Trade Agreement

2021 ◽  
Author(s):  
Juan Felipe Ladino Mateus
Keyword(s):  
Trade Liberalization ◽  
Free Trade ◽  
Free Trade Agreement ◽  
Agricultural Sector ◽  
Market Access ◽  
Trade Agreement ◽  
Credit Access ◽  
Level Data ◽  
Illegal Activities ◽  
The Impact

Trade liberalization has the potential to generate gains in an economy. Nevertheless, sensitive sectors like agriculture present difficulties because of the need to adapt to the new competition. Consequently, trade policy may affect economic conditions and lead to incentives for illegal activities. Using municipal level data for Colombia, I examine the effect of trade liberalization in the agricultural sector on coca crops. Using a difference-in-differences strategy in the Colombia-US Free Trade Agreement framework, I find that municipalities that depend highly on the cultivation of the most important crops present a differential decrease in the area covered with coca after the agreement implementation. The effect is consistent with incentives from more market access and more imports of lower-price inputs. I find that credit access drives the decrease in coca. Nonetheless, small farming decreases the impact. The results highlight the importance of trade, complemented with other policies, as a tool for development.

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