Regional Integration in the Americas: Déjà Vu All Over Again?

Does Membership in a Regional Preferential Trade Arrangement Make a Country More or Less Protectionist?

“…See also Lewis (1995) and Serbin (1994). 18 See Yeats (1997), Braga et al (1994) and Soloaga (1997 All of the member countries except for Mauritania belong to the French franc zone and are also members of the West African Monetary Union (Union Monetaire de l'Afrique Occidentale, UMOA). Mauritania's currency is also pegged to the French franc and is convertible with CFA at a fixed parity.…”

“…See for exampleBraga et al (1994). See alsoAnderson and Blackhurst (1993) for a discussion of the index and its use in regional integration context.…”

“…For the definition of the index see Appendix A. For further discussion on the use of the intensity index seeBraga et al (1994) andFrankel and Wei (1996).…”

Economic and environmental impacts of trade liberalization: The case of Indonesia

“…Braga, Safadi and Yeats (1994) estimated that if the Americas were to employ EU levels of trade integration, shares of intra-member trade were expected to increase from 41.1% to 62.5%. In Zahniser et al (2002), the authors attempted to analyze the impact of NAFTA and MERCOSEUR on U.S. agricultural exports to the region.…”

Does Membership in a Regional Preferential Trade Arrangement Make a Country More or Less Protectionist?

“…See also Lewis (1995) and Serbin (1994). 18 See Yeats (1997), Braga et al (1994) and Soloaga (1997).…”