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Negotiating Trade Preferences in Central America

Juan Alberto Fuentes

Chapter 11 in Developing Countries and the Global Trading System, 1989, pp 460-487 from Palgrave Macmillan

Abstract: Abstract Central America’s experience with preferences demonstrates that it is analytically useful to distinguish between reciprocal and unilateral preferences rather than between North-South and South-South arrangements. Whereas reciprocal tariff preferences have had important beneficial effects, as the CACM (including Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua) demonstrates, the same cannot be said to be the case, on the whole, of tariff preferences unilaterally granted to Central America, such as those of the US CBI (CBERA), the EEC’s GSP and Latin America’s partial scope agreements. This leads to a focus on reciprocity as a potential means of obtaining effective preferences, either by making explicit the political and economic reciprocity that often exists implicitly as part of unilaterally granted preferences, and/or by increasing the potential for reciprocity through joint actions of a group of countries benefiting from preferences.

Keywords: Dominican Republic; Market Access; Trade Preference; Central American Country; Tariff Preference (search for similar items in EconPapers)
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-20417-5_23

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DOI: 10.1007/978-1-349-20417-5_23

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