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Multilateralismo versus Regionalismo:Impactos da Área de Livre Comércio das Américas sobre a Economia Brasileira

Author

Listed:
  • Roberto Ellery Júnior

    (Departamento de Economia (Department of Economics) Faculdade de Economia, Administração, Contabilidade e Ciência da Informação e Documentação (FACE) (Faculty of Economics, Administration, Accounting and Information Science) Universidade de Brasília)

  • Danielle Sandi Pinheiro

    (Departamento de Economia (Department of Economics)Faculdade de Economia, Administração, Contabilidade e Ciência da Informação e Documentação (FACE) (Faculty of Economics, Administration, Accounting and Information Science) Universidade de Brasília)

Abstract

This paper analyzes the potential impacts of the creation of the Free Trade Area of Americas (FTAA) on the Brazilian economy vis a vis the option of unilateral liberalization towards the foreign commerce. Under a computable general equilibrium model, the sectorial and the general welfare level of the economy effects are analyzed and compared in order to evaluate the alternative gains between these two options of trade policy. The results suggest that a higher degree of trade openness is directly proportional to a higher welfare level and that the Brazilian option for trade policies that privilege the multilateralism, with the mean of unilateral liberalization of the Brazilian foreign commerce toward all partners indiscriminately, raises the gains of this welfare level of the economy.

Suggested Citation

  • Roberto Ellery Júnior & Danielle Sandi Pinheiro, 2006. "Multilateralismo versus Regionalismo:Impactos da Área de Livre Comércio das Américas sobre a Economia Brasileira," Working papers - Textos para Discussao do Departamento de Economia da Universidade de Brasilia 329, Departamento de Economia da Universidade de Brasilia.
  • Handle: RePEc:brs:wpaper:329
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    File URL: http://vsites.unb.br/face/eco/textos/didaticos/texto329.pdf
    File Function: First version, 2006
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    More about this item

    Keywords

    economic integration; trade agreements; multilateralism; general equilibrium; welfare;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation

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