Asia's "Open Regionalism" Alternative to Preferential Trade Agreements: Promising, Attractive, or Vulnerable to Cronyism?
Starting with a world where all countries apply Nash-optimal tariffs aginst all imports, we ask when , if ever, a group of countries can gain by trading freely ("promise") and when, if ever, it pays an outsider to join them ("attractiveness").
Main Authors: | Sinclair, P, Vines, D |
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Format: | Working paper |
Language: | English |
Published: |
Department of Economics (University of Birmingham)
1998
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