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Why a market place must not discriminate: The case against a US-EU free trade agreement [Dataset]

Harvard Dataverse (Africa Rice Center, Bioversity International, CCAFS, CIAT, IFPRI, IRRI and WorldFish)

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Title Why a market place must not discriminate: The case against a US-EU free trade agreement [Dataset]
 
Identifier https://doi.org/10.7910/DVN/XBTQU2
 
Creator R. J. Langhammer
 
Publisher Harvard Dataverse
 
Description The paper discusses the pros and cons of a Transatlantic free trade area (TAFTA) against the concept of an informal trade-facilitating marketplace between Europe and the US. It finds considerably more cons expecially since TAFTA would be expected to have ever more discriminatory effects to the detriment of dynamic non-member economies mainly in Asia but also in food-exporting regions. Efficiency-enhancing effects are argued to be achievable under a marketplace concept which does not separate insiders from outsiders. It is also shown that in foreign direct investment (FDI) and FDI-related service trade TAFTA seems redundant as in recent years bilateral capital and trade flows have proven to be buoyant without preferential treatment.
 
Subject Regional trading arrangement
Multilateral trade policy
Free trade area
Economic regionalism
Trade liberalization
Free trade area
Europe
United States
 
Date 2008
 
Type aggregate data
 
Source OECD; Deutsche Bundesbank; Datastream (Monthly Finance Review, Institute of Fiscal and Monetary Policy, Ministry of Finance Japan); Survey of Current Business, US Department of Commerce