The proliferation of preferential trade liberalization over the past 20 years has raised the question of whether it slows down multilateral trade liberalization. Recent theoretical and empirical evidence indicates this is the case even for unilateral preferences that industrial countries provide to small and poor countries but there is no estimate of the resulting welfare costs. To avoid this stumbling block effect the authors suggest replacing unilateral...
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INFORMACIÓN
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2005/04/01
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Documento de trabajo sobre investigaciones relativas a políticas
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WPS3565
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1
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1
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2005/04/21
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Disclosed
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Trade preferences to small developing countries and the welfare costs of lost multilateral liberalization
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general agreement on tariffs and trade