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Regional trade agreements and the WTO
Institution:1. Department of Development Policy, School of Public Services and Governance, Ghana Institute of Management and Public Administration (GIMPA), Accra, Ghana;2. Department of Economics and Finance, City University of Hong Kong, Hong Kong;1. CEPII, 113 rue de Grenelle, 75 007 Paris, France;2. INRA, UMR 210 Économie Publique, 16 rue Claude Bernard, 75 005 Paris, France;3. AgroParisTech, UMR 210 Économie Publique, BP 01 78850 Grignon, France;4. ECLAC, International Trade and Integration Division, Casilla 179-D, Santiago, Chile;5. UADE, Instituto de Economía, Lima 717, C1073AAO Buenos Aires, Argentina;2. Dartmouth College, Hanover, NH, United States;3. NBER, Cambridge, MA, United States
Abstract:The rapid growth in the number of regional trade agreements (RTAs) has led to concern about the weakening of the multilateral trading system. This paper looks at the spread of such agreements and the extent to which they pose a threat to the system.
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