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|c 5.00 USD
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|z 9781451874624
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Yang, Yongzheng.
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|a The United States and the New Regionalism/ Bilateralism /
|c Yongzheng Yang, Alvin Hilaire.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2003.
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|a 1 online resource (26 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a 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, labor, and the environment; and addressing geopolitical concerns. Simulations of FTAs with the United States highlight the importance of trade complementarity, trade diversion, and welfare losses for nonmembers. Agriculture and textiles play a central role in determining welfare outcomes. Initial improvement in market access enjoyed by participants could be eroded progressively as global liberalization proceeds, and this preference erosion might act as a disincentive to participate in multilateral liberalization.
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|a Mode of access: Internet
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|a Hilaire, Alvin.
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|a IMF Working Papers; Working Paper ;
|v No. 2003/206
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2003/206/001.2003.issue-206-en.xml
|z IMF e-Library
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