Regional Trade Agreements with Global Value Chains
François de Soyres,
Julien Maire and
Guillaume Sublet
No 2021-02-04, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)
Abstract:
This FEDS Note looks at the effect of Regional Trade Agreements on trade between the agreement zone and the rest of the world. Global Value Chains are associated with an increase in outflow. Hence, RTAs can be a stumbling block for multilateralism.
Date: 2021-02-04
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2021-02-04
DOI: 10.17016/2380-7172.2841
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