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Libre comercio pactado con una superpotencia

Jorge Avila ()

No 385, CEMA Working Papers: Serie Documentos de Trabajo. from Universidad del CEMA

Abstract: The purpose of the essay is to investigate the proposition that a free-trade treaty with a superpower is more effective in promoting exports, investment and per capita growth than a unilateral opening to free trade. To that end we study five success stories: Chile (unilateral opening), Mexico (treaty with a superpower), Spain (supranational integration), Japan (forced unilateral opening), and Argentina in the 19th century (informal treaty with a superpower). We conclude that the historical evidence supports the proposition. The wider the scope of the treaty and the stronger the partner, the greater the success.

Pages: 37 pages
Date: 2008-11
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