Chapter

Why Do Discriminatory Trading Arrangements Exist?

Richard Pomfret

in The Economics of Regional Trading Arrangements

Published in print November 2001 | ISBN: 9780199248872
Published online November 2003 | e-ISBN: 9780191596797 | DOI: http://dx.doi.org/10.1093/0199248877.003.0017
 Why Do Discriminatory Trading Arrangements Exist?

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Addresses the question of why RTAs exist. Section 1 lists four proximate explanations on the basis of the immediate consequences of RTAs. Section 2 draws on the political economy of trade barriers literature to explain RTAs in terms of the impact on various groups with differing degrees of influence over trade policy formation and implementation. Section 3 offers some concluding observations.

Keywords: interest groups; regional trading arrangement; trade barriers; trade policy

Chapter.  10952 words.  Illustrated.

Subjects: International Economics

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