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Free Trade under Contractual Development Area (FTCDA) - A First Examination of a Third Way Facing the Dilemma: Free-Trade vs Protectionist Policy

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  • Buda, Rodolphe

Abstract

Trade under Contractual Development Area (FTCDA) to give up the dilemma Free-Trade vs Protectionist Policy which are second and third best (resp.). In such an area national economies would respect the current existing rules of the W.T.O. which would add the rule that each national economy would use a part (specified in advance) of the created wealth to develop infrastructures and social protection Some new investigations are obviously necessary to check whether such a configuration is optimal.

Suggested Citation

  • Buda, Rodolphe, 2012. "Free Trade under Contractual Development Area (FTCDA) - A First Examination of a Third Way Facing the Dilemma: Free-Trade vs Protectionist Policy," MPRA Paper 38047, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:38047
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    References listed on IDEAS

    as
    1. Krugman, Paul R, 1993. "The Narrow and Broad Arguments for Free Trade," American Economic Review, American Economic Association, vol. 83(2), pages 362-366, May.
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    More about this item

    Keywords

    Economic and Social Development ; Free-Trade ; International Economics ; Protectionist Policy ; Regulation ; Social Protection ; W.T.O;
    All these keywords.

    JEL classification:

    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations

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