IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-22834-4_8.html
   My bibliography  Save this book chapter

Trade Agreements

In: Government Intervention in Globalization

Author

Listed:
  • Carlos M. Peláez
  • Carlos A. Peláez

Abstract

A majority of economists seems to prefer a multilateral system of trade within the WTO. In practice, most trade in the world is processed through trade agreements among countries. There appears to be also a majority of economists that criticizes not only the system of trade agreements but also individual trade agreements. The first section below introduces the characteristics of the various types of trade agreements. This is followed by the analysis of whether trade agreements promote the welfare of the members and of the world. Several sections consider the major trade agreements: the European Union, NAFTA, the Asia-Pacific Economic Cooperation (APEC), the Association of South East Asian Nations (ASEAN) and the Common Market of the South (MERCOSUR). The final section considers the Organization of Petroleum Exporting Countries (OPEC), which coordinates output and price policies of the major oil-producing countries. Some conclusions are listed in the summary.

Suggested Citation

  • Carlos M. Peláez & Carlos A. Peláez, 2008. "Trade Agreements," Palgrave Macmillan Books, in: Government Intervention in Globalization, chapter 7, pages 103-115, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-22834-4_8
    DOI: 10.1057/9780230228344_8
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-22834-4_8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.