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 | | Trade Blocs: Economics and Politics (Japan-US Center UFJ Bank Monographs on International Financial Markets) by Pravin Krishna ISBN-10: 9780521770668 ISBN-10: 0-521-77066-1 ISBN-13: 9780521770668 ISBN-13: 978-0-521-77066-8 Hardcover 2005-08-01 Cambridge University Press Find Lowest Price |
Editorials | ||
Product Description Preferential trade blocs are in vogue. Despite the successes achieved in liberalizing trade by multilateral trade negotiations sponsored by the World Trade Organization (WTO), numerous countries have separately negotiated preferential trade treaties with one another. Representing a significant departure from the WTO's central principle of non-discrimination among member countries, preferential trade blocs are now the subject of an intense academic and policy debate. The first section of this book presents a rudimentary and intuitive introduction to the economics of preferential trade agreements. The following chapters present the author's theoretical and empirical research on a number of questions surrounding the issue of preferential trade agreements including the design of necessarily welfare-improving trade blocs, the quantitative (econometric) evaluation of the economic (welfare) impact of preferential trade liberalization, and the impact of preferential trade agreements and the multilateral trade system. | ||