Globalization’s Bystanders: Does Trade Liberalization Hurt Countries that Do Not Participate?
Alan Deardorff and
Robert Stern
No 529, Working Papers from Research Seminar in International Economics, University of Michigan
Abstract:
This paper uses trade theory to examine the effects of trade liberalization on countries that do not participate in it. These include both countries that fail to participate in multilateral trade negotiations, and also countries that lie outside of preferential trading arrangements such as free trade areas. The analysis suggests that, while it is theoretically possible for excluded countries to gain, through improved terms of trade, from trade liberalization, several reasons suggest that they are more likely to lose.
Keywords: Trade liberalization; Globalization (search for similar items in EconPapers)
JEL-codes: F13 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2005
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)
Downloads: (external link)
http://fordschool.umich.edu/rsie/workingpapers/Papers526-550/r529.pdf
Related works:
Chapter: Globalization's Bystanders: Does Trade Liberalization Hurt Countries That Do Not Participate? (2011) 
Chapter: Globalization's Bystanders: Does Trade Liberalization Hurt Countries That Do Not Participate? (2009) 
Journal Article: Globalization's bystanders: Does trade liberalization hurt countries that do not participate? (2006) 
Working Paper: Globalization's Bystanders: Does Trade Liberalization Hurt Countries that Do Not Participate? (2005) 
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Persistent link: https://EconPapers.repec.org/RePEc:mie:wpaper:529
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