The welfare and policy implications of the international trade consequences of "1992." (single European market) (Papers and Proceedings of the Hundred and Fourth Annual Meeting of the American Economic Association)(European Economic Integration: Where Do We Stand?)
Article Abstract:
The area in which the single European market of 1992 will have the greatest effect is international trade. The reduction of trade barriers may reduce the prices of both imports within the European Community and extra-EC imports at the expense of domestic sales. Increased competition, in the form of either greater competition within EC-member states or greater competition from non-EC members, needs to supplement the reduction in trade barriers. Countries should not be allowed to petition reductions in EC imports unless policies are discriminatory.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1992
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Open regionalism in the Pacific: a world of trading blocs?
Article Abstract:
The center of international economic activity is shifting to the Asia-Pacific region. Another trend is emerging in the form of the creation of economic blocs in areas that have a dramatic impact on international trade. Trading blocs are being formed within the European Community and among the US, Canada and Mexico. The Asia-Pacific region is expected to welcome foreign trade and investment from other areas as a result of the participation of the US and Canada in its regional development.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1992
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Trade policy options for the Asia-Pacific region in the 1990's: the potential of open regionalism
Article Abstract:
Decision makers in the Asia-Pacific region at the Uruguay Round must adopt trade policies that will promote a more open international trading system. The Asia-Pacific Economic Cooperation process offers this opportunity. The factors that can stall regional trade liberalization include market-access barriers, uncertainty, problems with infrastructure and variations in domestic policies. Bilateral and subregional negotiations can help to promote open international trade.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1992
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