THE CLASH OF LIBERALIZATIONS: PREFERENTIAL VS. MULTILATERAL TRADE LIBERALIZATION IN THE EUROPEAN UNION

Baybars Karacaovali and Nuno Limão

No 1037, International Trade and Finance Association Conference Papers from International Trade and Finance Association

Abstract: This paper considers the impact of preferential trade liberalization (PTL) on multilateral trade liberalization (MTL), focusing on the European Union. The model that we develop, which builds on Limão (2002), captures key features of the multilateral system and of recent PTAs and generates several specific predictions that we test.The following is an abridged version of this paper presented at the 15th International Conference, Istanbul, Turkey, May 2005.

Date: 2005-05-18
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Related works:
Journal Article: The clash of liberalizations: Preferential vs. multilateral trade liberalization in the European Union (2008)
Working Paper: The Clash of Liberalizations: Preferential vs. Multilateral Trade Liberalization in the European Union (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:bep:itfapp:1037

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