Trade facilitation is one of the key trends in the international trading system development. Respective World Trade Organization (WTO) agreement – Trade Facilitation Agreement (TFA) is one of really few tangible achievements during Doha round of multilate ...
Customs unions of commodity exporting countries: advantages and problems
28 November 2018
A descriptive analysis of foreign trade statistics of developing countries shows that among the customs unions (CU) member states, the majority are primarily exporters of commodities (their share in exports is above 50%), while countries whose exports are ...
Two models of regional integration in Latin America
28 November 2018
The author compares two types of regional trade agreements (RTA) in Latin America. First (historically)- based on Balassa scheme and leading to the customs unions, and second, going in line with open regionalism. He tests the correlation of the participat ...
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