Tear down this wall: Non-tariff measures and regional integration

Tear down this wall: Non-tariff measures and regional integration

[...]an United Nations Conference on Trade and Development (UNCTAD) study on the Economic Community of West African States (ECOWAS) shows regulatory convergence can reduce trade restrictions by more than 25%. [...]convergence on international standards could further increase intraregional trade by 1...

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Veröffentlicht in:International trade forum 2018-11, Vol.2018 (4), p.16-17
1. Verfasser: Hamilton, Pamela Coke
Format: Artikel
Sprache:eng
Schlagworte:
Cooperation
Developing countries
Economic models
Free trade
International trade
LDCs
Oils & fats
Tariffs
Trade agreements
Trade restrictions
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Zusammenfassung:[...]an United Nations Conference on Trade and Development (UNCTAD) study on the Economic Community of West African States (ECOWAS) shows regulatory convergence can reduce trade restrictions by more than 25%. [...]convergence on international standards could further increase intraregional trade by 14% and income by $1.57 billion annually. In regional trade agreements the majority of commitments on regulatory cooperation rarely go beyond WTO agreements, remaining non-binding and thus relying on members' best endeavour.
ISSN:1564-5304
0020-8957
1564-5304
DOI:10.18356/15645304-2018-4-7