Performance of Western Hemisphere Trading Blocs : A Cost-Corrected Gravity Approach /

We study the performance of the four Western Hemisphere trading blocs during the period 1978-2001. For the North American Free Trade Agreement (NAFTA), trade integration outweighed trade diversion; for MERCOSUR, increased integration and trade diversion went hand in hand; for the Central American Co...

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Bibliographic Details
Main Author: Croce, Enzo
Other Authors: Juan-Ramon, V., Zhu, Feng
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2004.
Series:IMF Working Papers; Working Paper ; No. 2004/109
Online Access:Full text available on IMF