This paper analyses the impact of various configurations of regional economic integration on member countries as well as on outside countries under realistic assumptions. That is, we consider constant external tariffs as required by Article XXIV of the GATT and the asymmetric formation of the FTA where some countries form a FTA while others are left behind.
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Paper provided by Yale - Economic Growth Center in its series Papers with number
754.
Find related papers by JEL classification: F10 - International Economics - - Trade - - - General F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations F15 - International Economics - - Trade - - - Economic Integration
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