Search results for "Trade agreement"
showing 10 items of 25 documents
Trade integration in the European Union: Openness,interconnectedness, and distance
2020
Abstract This article presents a set of indicators to measure regional trade integration, focusing on the case of the European Union. We propose measures of openness, connectedness and integration which are tuned to evaluate not only how these components contribute to the advance of international integration, but also to control for the potential threat posed by the proliferation of regional trade agreements to trade globalization. Although this and related questions have been examined from several perspectives, the present article explicitly attempts to quantify how regional trade agreements either intensify or thwart trade globalization. Results show that the process of trade integration …
Trade effects of monetary agreements: Evidence for OECD countries
2008
Abstract This paper analyses the effects of monetary agreements on trade flows using a sample of 25 OECD countries over the period 1950–2004. We find that these agreements have boosted intra-bloc trade. This result especially applies to the case of the euro. More importantly, in contrast to regional trade agreements, all monetary agreements analysed show evidence of trade-creating effects with third countries. Finally, only the euro shows a symmetric impact for the trade-creating effect with non-members, that is, using the euro promotes both the Eurozone's exports and its imports to non-Eurozone markets to a similar extent.
Comparative study of the North American Free Trade Agreement and the United States – Mexico – Canada Agreement: the compromised deal of the free trade
2019
The main objective is to analyze two treaties – the old North American Free Trade Agreement (NAFTA) and the new United States-Mexico-Canada Agreement (USMCA), to evidence the similarities and differences between two drafted agreements, and it aims to establish, what new issues shall be considered in drafting the Free Trade Agreements to establish mutually beneficial trade relationships with their trade nations. This thesis presents qualitative research, which to a major extent is based on the comparative historical analysis approach towards analyzing trade issues of NAFTA and the USMCA.
MÉXICO A TRAVÉS DE LOS OJOS DEL WALL STREET JOURNAL:IMÁGENES DE UNA NACIÓN Y DE UN ACUERDO ECONÓMICO
2016
Resumen . El articulo estudia la vision sobre Mexico presentada en el diario economico estadounidense The Wall Street Journal durante los anos 1993 y 1994, coincidiendo con la aprobacion y entrada en vigor del Tratado de Libre Comercio de America del Norte. Se muestran, a traves de un analisis del discurso y de contenidos, la complejidad y las contradicciones del discurso del periodico, asi como la evolucion de la imagen de la nacion mexicana en el tiempo estudiado, a caballo entre lo marcado por la linea editorial del periodico (la defensa del Tratado y la imagen ad hoc de Mexico) y por los acontecimientos politicos, economicos y sociales del pais. Palabras clave : Estados Unidos; Mexico, …
On Subsidies in Trade Agreements
2008
When terms of trade externalities are the only source of cross-border inefficiencies, trade negotiators must negotiate market access only. Based on this principle, Bagwell and Staiger (2006) argue against the WTO subsidy rules. The present paper shows that their argument fails when trade agreements are required to be self-enforceable. By affecting output, subsidies impact the self-enforcement constraints, which, in turn, determine the policies of trade agreements. Consequently, trade agreements must include subsidy rules. In realistic scenarios, banning production subsidies is efficient while negotiating market access only is inefficient. In this sense, this paper makes a strong case for th…
The Protocol on Trade and the Creation of the Southern African Development Community Free Trade Area
2017
The author offers a much-needed analysis of regional economic integration in the SADC and explains the successful establishment of the SADC Free Trade Area. He outlines the demand for regional market integration in the SADC’s member states from a structural perspective in consideration of intra-regional economic interdependence and trade relations. Against this background, this chapter provides an explanation of the specific provisions of the SADC Protocol on Trade that determined the institutional design of the free trade area. In this respect, Muntschick highlights the key role of South Africa as the regional economic hegemon. Finally, this chapter evaluates the performance of the SADC Fr…
Exogenous Interference: The European Union’s Economic Partnership Agreements and the Stalled SADC Customs Union
2017
Focussing on the struggle for the scheduled SADC Customs Union, Muntschick reveals that extra-regional actors can actually have a negative impact on regional economic integration in the SADC. Firstly, this chapter refers to the organisation’s agenda on market integration and clarifies the intra-regional demand for the envisaged customs union. Secondly, it highlights the SADC member states’ important but asymmetric trade relations to the European Union and, in regard to this shadow structure of extra-regional interdependence, explains the interfering impact of Brussels’s Economic Partnership Agreements (EPA) on deeper market integration in the SADC. This chapter concludes that the European U…
Intensità degli scambi agroalimentari tra i Paesi del bacino del Mediterraneo
2013
The Mediterranean has always been an area of strategic interest for the European Union (eu), which, since its establishment, has woven a compact network of relationships with its trading partners in the South and East of the Mediterranean, signing cooperation and then associative agreements with them. This study aims to present a view of how the agro-food trade network has evolved between the eu’s Mediterranean partner countries and their neighbors in North Africa and the Near East. To measure the extent of this trade specific indicators are used which are also widely used in economic literature, albeit to analyze trade in sectors unconnected to agro-food. In particular, analyses carried ou…
Intensity of Italy's agri-food trade with countries outside the EU Mediterranean
2013
This paper aims to present a framework of trade relations between Italy and the countries of southern and eastern shores of the Mediterranean Sea. More specifically, using the indicators proposed in the analysis of international trade, we want to analyse the intensity of trade in agri-food products and the strength of trade ties between the bordering Mediterranean countries. The analysis of the intensity of trade flows of food products from Italy and the partner countries of North Africa and the Near East has allowed us to trace a network of flows between the countries in the area. If we can see an overall weakening of the agri-food trade, the analysis for individual partner states, however…
EMU and the Euro-Mediterranean Dialogue: Trade Interdependence between Mediterranean and Euro-area Countries
2009
Economic interdependence and trade encourage international dialogue and represent a base for reducing international conflicts. Hence, international co-operation for the reduction of barriers to trade and capital flows can be important not only in inducing economic progress, but also in promoting peace (Polachek and Siegle 2006). In this respect, the introduction of the euro represents an epochal event for both the participants in the single European currency and for their external partners, and in particular those in neighbouring regions. However, whilst a large body of literature has focused on analysing the first, in particular, with respect to the impact of the euro on intra-regional tra…