Trade blocs
Author(s)
Bibliographic Information
Trade blocs
（A World Bank policy research report）
Published for the World Bank [by] Oxford University Press, c2000
Available at / 36 libraries
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Library, Institute of Developing Economies, Japan External Trade Organization図
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Note
Bibliography: p. 133-144
Description and Table of Contents
Description
The growth of regional trading blocs. often known as regional integration agreements (RIAs), is one of the major developments in international relations. More than one-third of world trade takes place within such agreements. The last ten years have witnessed qualitative, as well as quantitative changes in regional integration schemes. Three major developments are identified: the recognition that effective integration requires more than reducing tariffs and quotas; a move from "closed regionalism" to a more open model that is more committed to boosting, rather than controlling, international commerce; and the advent of trade blocs in which both high-income industrial countries and developing countries are equal partners. This documents analyzes both the political and the economic benefits of regional trade blocs and the trade-offs faced
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