The purpose of this study, is to evaluate possible economic repercussions of the trade facet, in Economic Partnership Agreements (EPAs), currently being negotiated between countries of the Common Market in Eastern and Southern Africa (COMESA) and Member-States of European Union (EU). In so-doing, we have used two complementary models, the first one, based-on a general equilibrium approach, and the second, a partial equilibrium method. Indeed, multilateral trade agreements, will have implications trade activities, on the production of goods and factors, the price of consumer-goods, on the are of specialization of national economies, and their productive structure. Existing trade policy instruments also, will have direct and indirect effects on the market value of goods produced locally, or imported onto the markets of the COMESA sub-region.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
13294.
Find related papers by JEL classification: C68 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Computable General Equilibrium Models F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General
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