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Trade Agreements

Carlos M. Peláez and Carlos A. Peláez

Chapter 1 in Globalization and the State: Volume II, 2008, pp 3-34 from Palgrave Macmillan

Abstract: Abstract The members of the World Trade Organization (WTO), as it was the case of the contracting parties to the General Agreement on Tariffs and Trade (GATT), must notify the regional trade agreements (RTA) in which they participate. Nearly all of the WTO (2007) members have engaged in an RTA and some members are party to 20 or more. GATT received 124 notifications of RTAs by its contracting parties in 1948–94 and the WTO has received 130 additional notifications since its creation in 1995. Not all these RTAs are in force currently but many have been redefined in a different RTA. Currently, there are 170 RTAs in force and the WTO estimates that an additional 70 are operational but not yet notified. The WTO estimates that by 2005 about 300 RTAs were operational.

Keywords: Foreign Direct Investment; World Trade Organization; Trade Agreement; Implied Volatility; International Energy Agency (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-22829-0_2

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DOI: 10.1057/9780230228290_2

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