broad-based liberalization and streamline existing RTAs, supported by improvements in infrastructure and trade facilitation …Regional trade arrangements (RTAs) in Africa have been ineffective in promoting trade and foreign direct investment …. Relatively high external trade barriers and low resource complementarity between member countries limit both intra- and …

This paper examines the effect of the major Canada-U.S. trade agreements on the dynamics of business cycles and … productivity in Canada. The North American Free Trade Agreement (NAFTA) and its predecessor, the Canada-U.S. Free Trade Agreement … (CUSFTA), have led to a substantial expansion of trade flows. Although common factors have played a larger role in explaining …

. This paper examines—among other things—the macroeconomic and fiscal implications of the Free Trade Agreement with the …

Current U.S. trade policy stresses establishing free trade areas (FTAs) with partners spanning the globe. Motivations … include enhancing goods and services trade; stimulating investment flows; extending standards on intellectual property rights … importance of trade complementarity, trade diversion, and welfare losses for nonmembers. Agriculture and textiles play a central …

open trade policy regime, together with carefully sequenced financial liberalization with in a strengthened regulatory …

switched products as an offensive strategy to take advantage of the export opportunities created by trade liberalization. …

and began to integrate rapidly with the world economy. With the country’s recent accession to the World Trade Organization …

This paper furnishes robust evidence that the GATT/WTO has had a powerful and positive impact on trade. The impact has … estimated at about 40 percent of world trade. The same has not been true for developing country members, although those that … are consistent with the history and design of the institution, which presided over significant trade liberalization by the …

Is the recent proliferation of Regional Trade Agreements (RTAs) in Asia a healthy development, or runs the risk of … results show that membership in the Asian RTAs considered in this study have not, to date, occurred at the expense of trade … and multilateral liberalization, could run the risk of leading to costly trade diversion. …