Arbeitspapier

TAFTA - a dead horse or an attractive open club?

A Transatlantic Free Trade Area (TAFTA) has been proposed in the mid-1990s to revitalize the economic and political ties between the United States and the European Union. This paper discusses the expected economic gains from such a free trade area for its members with respect to trade in goods and services and investment flows. It then looks at potential effects for third countries, and discusses how TAFTA fits into the WTO institutional rule system for the world economy and how a TAFTA for investment flows is to be evaluated. The paper argues to include a transatlantic effort for deeper integration into the WTO framework.

Language
Englisch

Bibliographic citation
Series: Kiel Working Paper ; No. 1240

Classification
Wirtschaft
Trade Policy; International Trade Organizations
Subject
Foreign Direct Investment
Regional Integration
Multilateral Order
WTO
Discrimination
Trade
Freihandelszone
WTO-Regeln
Außenhandelseffekt
Welt
USA
EU-Staaten

Event
Geistige Schöpfung
(who)
Siebert, Horst
Event
Veröffentlichung
(who)
Kiel Institute for World Economics (IfW)
(where)
Kiel
(when)
2005

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Siebert, Horst
  • Kiel Institute for World Economics (IfW)

Time of origin

  • 2005

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