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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/4240| Title: | Why a market place must not discriminate: The case against a US-EU free trade agreement |
| Keywords: | F13 F15 ddc:330 Regional trading arrangement Multilateral trade policy Free trade area Handelsregionalismus Außenhandelsliberalisierung Freihandelszone Europa USA |
| Issue Date: | 16-Oct-2013 |
| Publisher: | Kiel Institute for the World Economy (IfW) Kiel |
| Description: | The paper discusses the pros and cons of a Transatlantic free trade area (TAFTA) against the concept of an informal trade-facilitating marketplace between Europe and the US. It finds considerably more cons expecially since TAFTA would be expected to have ever more discriminatory effects to the detriment of dynamic non-member economies mainly in Asia but also in food-exporting regions. Efficiency-enhancing effects are argued to be achievable under a marketplace concept which does not separate insiders from outsiders. It is also shown that in foreign direct investment (FDI) and FDI-related service trade TAFTA seems redundant as in recent years bilateral capital and trade flows have proven to be buoyant without preferential treatment. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/4240 |
| Other Identifiers: | http://hdl.handle.net/10419/4240 ppn:560139462 |
| Appears in Collections: | EconStor |
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