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Trade Liberalization in Latin American Countries and the Agreement on Textiles and Clothing in the WTO

Author

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  • María Inés Terra

Abstract

The Agreement on Textiles and Clothing (ATC) deals with the progressive opening of these markets in high-income countries. This process should be finished by the year 2005, when the whole sector should be under the WTO rules. The scope of the liberalization, implemented up to now, has been limited. In the 90's the Latin American (LA) countries have liberalized their economies, which has been followed by a significant increase in their imports.

Suggested Citation

  • María Inés Terra, 2003. "Trade Liberalization in Latin American Countries and the Agreement on Textiles and Clothing in the WTO," Economie Internationale, CEPII research center, issue 94-95, pages 137-154.
    • Handle: RePEc:cii:cepiei:2003-2q-3qf
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    File URL: http://www.cepii.fr/IE/rev9495/rev9495f.htm
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    Citations

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    Cited by:

    1. Gebreeyesus M., 2013. "The End of the Multifibre Arrangement (MFA) and the Heterogeneous Performance of Quota-Constrained Countries," MERIT Working Papers 2013-035, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    2. International Monetary Fund, 2007. "Peru: Selected Issues," IMF Staff Country Reports 2007/053, International Monetary Fund.

    More about this item

    Keywords

    Liberalization; General equilibrium model; Opening policies;
    All these keywords.

    JEL classification:

    • D60 - Microeconomics - - Welfare Economics - - - General
    • F11 - International Economics - - Trade - - - Neoclassical Models of Trade
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation

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