Gamba, Andrea - Università Carlo Cattaneo (LIUC) - 2005
The Euro-Med agreements draw a scheme where free trade flows from each Partner towards the EU and vice-versa in a hub … simulation stresses the welfare—improving impact of liberalization for the Mediterranean countries, while the effect on the EU is … negligible. An appraisal of the potential detriment to the new EU members is also provided, suggesting virtually no harm to these …