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Formal Arrangements on Trade in Regional Groups

In: Regionalism among Developing Countries

Author

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  • Sheila Page

    (Overseas Development Institute)

Abstract

The degree of formal integration varies much more widely among the various groups than the formal distinction between free trade areas and customs unions might imply. After describing the EU, which has integrated all forms of trade, this chapter looks at the other groups, first those with the least formal integration. Then some common elements are discussed: rules of origin, the use of mechanisms like safeguards and anti-dumping, and the allocation of tariff revenue among the members of customs unions. Table 6.1 summarizes the objectives of the groups.

Suggested Citation

  • Sheila Page, 2000. "Formal Arrangements on Trade in Regional Groups," Palgrave Macmillan Books, in: Regionalism among Developing Countries, chapter 6, pages 97-112, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-333-98268-6_6
    DOI: 10.1057/9780333982686_6
    as

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