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The clash of liberalizations : preferential versus multilateral trade liberalization in the European Union

The authors confirm the main prediction-the European Union's preferential trade agreements have clashed with its multilateral trade liberalization--and find that the effect is quantitatively significant. Moreover, they also confirm several auxiliary predictions of the model and provide new evidence on the political economy determinants of multilateral liberalization in the European Union.

Link http://www-wds.worldbank.…64258546&theSitePK=523679
Author Agenor, R., Bayraktar, N., El Aynaoui, K.
Date 01-Jan-2005
Institute World Bank
Tags trade, liberalization, EU, political, economy

See also

  1. Political economy of tariff unification: The case of Russia
  2. Shaping Europe’s Future Through ICT
  3. Entering the Union : European accession and capacity-building priorities
  4. How accession to the European Union has affected external trade and foreign direct investment in Central European economies
  5. Trade and production fragmentation : Central European economies in European Union networks of production and marketing

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