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Competitive Liberalization and Global Free Trade: A Vision for the Early 21st Century

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  • C. Fred Bergsten

    ()
    (Peterson Institute for International Economics)

Abstract

A large part of the world has eliminated all barriers to trade or is in the process of doing so. The fifteen members of the European Union have created a "single internal market." Australia and New Zealand have completed their free trade area. Several large groupings are en route to a similar outcome: the North American Free Trade Agreement (Canada, Mexico, United States), Mercosur (Argentina, Brazil, Paraguay, Uruguay), and the ASEAN Free Trade Agreement (Brunei, Indonesia, Malaysia, Philippines, Singapore, Thailand, and now Vietnam). There are numerous free trade areas among smaller countries.

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Bibliographic Info

Paper provided by Peterson Institute for International Economics in its series Working Paper Series with number WP96-15.

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Date of creation: Jan 1996
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Handle: RePEc:iie:wpaper:wp96-15

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Cited by:
  1. Soamiely Andriamananjara, 2003. "Competitive Liberalization or Competitive Diversion? The Relationship between Preferential Trade Agreements and the Multilateral Trading System," International Trade 0305002, EconWPA.
  2. Barry Eichengreen & Douglas A. Irwin, 2008. "International Economic Policy: Was There a Bush Doctrine?," NBER Working Papers 13831, National Bureau of Economic Research, Inc.
  3. Scott L. Baier & Jeffrey H. Bergstrand & Peter Egger & Patrick A. McLaughlin, 2008. "Do Economic Integration Agreements Actually Work? Issues in Understanding the Causes and Consequences of the Growth of Regionalism," The World Economy, Wiley Blackwell, vol. 31(4), pages 461-497, 04.
  4. Scott L. BAIER & Jeffrey H. BERGSTRAND & Peter EGGER, 2009. "The Growth Of Regional Economic Integration Agreements And The Middle East," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 29, pages 11-30.

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