학술저널
Customs Unions and Free Trade Areas
Customs Unions and Free Trade Areas
- 세종대학교 경제통합연구소
- Journal of Economic Integration
- 제15권 제3호
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2000.09418 - 435 (18 pages)
- 2
This paper compares free trade areas and customs unions in terms of their potential to liberalize trade. While neither arrangement is shown to be unambiguously preferable, this paper generates specific conditions that determine when customs unions are preferred to free trade areas. The ranking of the two arrangements depends on how common external tariffs are set in customs unions, the restrictiveness of rules of origin in free trade agreements, and the original tariff levels among the member countries.
Ⅰ.Introduction
Ⅱ.Tariff Setting
Ⅲ.Rules of Origin
Ⅳ.Political Economy Considerations
Ⅴ.Conclusions
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