Arbeitspapier
Why a market place must not discriminate: The case against a US-EU free trade agreement
The paper discusses the pros and cons of a Transatlantic free trade area (TAFTA) against the concept of an informal trade-facilitating marketplace between Europe and the US. It finds considerably more cons expecially since TAFTA would be expected to have ever more discriminatory effects to the detriment of dynamic non-member economies mainly in Asia but also in food-exporting regions. Efficiency-enhancing effects are argued to be achievable under a marketplace concept which does not separate insiders from outsiders. It is also shown that in foreign direct investment (FDI) and FDI-related service trade TAFTA seems redundant as in recent years bilateral capital and trade flows have proven to be buoyant without preferential treatment.
- Sprache
-
Englisch
- Erschienen in
-
Series: Kiel Working Paper ; No. 1407
- Klassifikation
-
Wirtschaft
Trade Policy; International Trade Organizations
Economic Integration
- Thema
-
Multilateral trade policy
Free trade area
Regional trading arrangement
Handelsregionalismus
Außenhandelsliberalisierung
Freihandelszone
Europa
USA
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Langhammer, Rolf J.
- Ereignis
-
Veröffentlichung
- (wer)
-
Kiel Institute for the World Economy (IfW)
- (wo)
-
Kiel
- (wann)
-
2008
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Langhammer, Rolf J.
- Kiel Institute for the World Economy (IfW)
Entstanden
- 2008