Preference Areas and Intra-Product Specialization

Authors

Sven W. Arndt, Claremont McKenna CollegeFollow

Document Type

Book Chapter

Department

Economics (CMC)

Publication Date

2001

Abstract

The theory of preferential trade liberalizations has traditionally focused on trade in final products rather than components and parts. It has also seen such agreements in the main as trade agreements, although its insights have been applied successfully to the creation of Europe's Single Market, the so-called "Europe 1992" project. It has tended as well to focus on agreements involving countries at relatively similar stages of economic development. Inauguration of the North American Free Trade Agreement (NAFTA), on the other hand, has drawn attention to trade in components, to regional investment liberalization, and to preferential agreements linking developed and developing countries.

Comments

Brief excerpt from book chapter used in lieu of an abstract.

First published in Globalization and the Political Economy of Trade Policy.

Rights Information

© 2001 Athenian Policy Forum Press

Terms of Use & License Information

Terms of Use for work posted in Scholarship@Claremont.

Recommended Citation

Arndt, Sven W. 2001. Preference Areas and Intra-Product Specialization. In C. C. Paraskevopoulos, A.A. Kintis and A.J. Kondonassis (eds.), Globalization and the Political Economy of Trade Policy: 237-249. Toronto: APF Press.