This paper examines the effect of regionalism on unilateral trade liberalization using industry-level data on applied most-favored nation tariffs and bilateral preferences for ten Latin American countries from 1990 to 2001. The findings show that preferential tariff reduction in a given sector leads to a reduction in the external (most-favored nation) tariff in that sector. External liberalization is greater if preferences are granted to important...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2008/10/01
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Рабочий документ в рамках исследования вопросов политики
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WPS4751
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1
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1
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2010/07/01
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Disclosed
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Does regionalism affect trade liberalization toward non-members ?
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external tariff