Endoh, Masahiro; Hamada, Koichi; Shimomura, Koji - In: Globalization and emerging issues in trade theory and policy, (pp. 87-99). 2008
Purpose – A free trade agreement (FTA) or a preferential trade agreement (PTA) is almost always negotiated without concessions to the non-member countries. This chapter studies the welfare effects of such an FTA or PTA on the non-member countries. Methodology/approach – This chapter employs...
