Regional Agreements and Trade Services : Policy Issues

Every major regional trade agreement now has a services dimension. Is trade in services so different that there is need to modify the conclusions on preferential agreements pertaining to goods reached so far? The authors first examine the implicati...

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Bibliographic Details
Main Authors: Mattoo, Aaditya, Fink, Carsten
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, D.C. 2013
Subjects:
MFN
Online Access:http://documents.worldbank.org/curated/en/2002/06/1810072/regional-agreements-trade-services-policy-issues
http://hdl.handle.net/10986/14791
Description
Summary:Every major regional trade agreement now has a services dimension. Is trade in services so different that there is need to modify the conclusions on preferential agreements pertaining to goods reached so far? The authors first examine the implications of unilateral policy choices in a particular services market. They then explore the economics of international cooperation and identify the circumstances in which a country is more likely to benefit from cooperation in a regional rather than multilateral forum.