Recent Regional Agreements: Why So Many, So Fast, So Different and Where Are They Headed?
University of Western Ontario - Department of Economics; National Bureau of Economic Research (NBER); CESifo (Center for Economic Studies and Ifo Institute); Centre for International Governance and Innovation (CIGI)
CIGI Working Paper No. 9
Recent years have witnessed a sharp increase in the number of regional trade agreements (RTAs) both concluded and under negotiation. This paper attempts to document and discuss this growth focusing on the United States (US), the European Union (EU), China, India, and the agreements of other countries. The form, coverage, and content of these agreements vary considerably from case to case. This paper poses the following questions: why so many, why the variation, and why the recent increase in RTAs? Implications for the trading system are discussed in the final section.
Number of Pages in PDF File: 31
Keywords: United States, European Union, NAFTA, Regional Trade Agreements
Date posted: October 31, 2006