A political economy analysis of free trade areas and customs unions.
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TextPublication details: Washington : World Bank, 1994.Subject(s): Summary: This paper demonstrates that the introduction of preferential trading has the effect of raising protection against imports from the rest of the world. The paper also discusses customs unions in a model of trade policy.
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This paper demonstrates that the introduction of preferential trading has the effect of raising protection against imports from the rest of the world. The paper also discusses customs unions in a model of trade policy.
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