scholarly journals Bilateral Agreements and Fair Trade Practices: A Policy Analysis of the Colombia-U.S. Free Trade Agreement (2006)

Con-texto ◽  
2015 ◽  
pp. 77
Author(s):  
Kevin J. Fandl
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Policy Analysis ◽  
Free Trade ◽  
Fair Trade ◽  
World Trade ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
The World ◽  
Bilateral Approach

<p>This article brings to the attention of those public servants involved in the design and negotiation of free trade agreements between the United States and developing countries, such as Colombia, the potential benefits and drawbacks of negotiating in a bilateral forum. Rather than critiquing the free trade agreement for its particular provisions, this article examines the U.S. policy of negotiating bilaterally with developing countries as opposed to multilaterally in the world trade system and what effects such an approach might have on the economic development of the latter. Using an incremental policy analysis, the article critiques the bilateral approach in terms of economic development and fair trade negotiations using the recent Colombia-U.S. trade agreement as a case study. The article concludes that a bilateral approach that is disconnected from a broader multilateral context may be detrimental to developing countries and recommends increased oversight of such agreements by the World Trade Organization to ensure a higher degree of fairness.</p>

Proliferation of Free Trade Agreements and Some Systemic Issues - In Relation to the WTO Disciplines and Development Perspectives

2008 ◽  
Vol 1 (1) ◽  
Author(s):  
Mitsuo Matsushita ◽  
Y.S. Lee
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Free Trade ◽  
World Trade ◽  
Major Part ◽  
Free Trade Agreements ◽  
Trade Agreements ◽  
Trading System ◽  
The World ◽  
Common Interests

In recent decades, free trade agreements have been proliferated and have become a major part of the global trading system, along with the multilateral framework represented by the World Trade Organizations. This article discusses some of the major issues with FTA in relation to the WTO disciplines and also examines their implications for developing countries from the perspective of economic development. A global FTA network is proposed as a means to coordinate different, often conflicting rules among different FTAs and to promote common interests and concerns of developing countries.

scholarly journals El Consorcio Cooperativo de Comercialización, Costa Rica: frijol.

2015 ◽  
Vol 10 (1) ◽  
pp. 91
Author(s):  
Floribeth Mora ◽  
Ana Abdelnour ◽  
Franklin Herrera ◽  
Joaquín Salazar
Keyword(s):  
Costa Rica ◽  
World Trade Organization ◽  
Free Trade ◽  
World Trade ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Central American ◽  
International Level ◽  
Cultural Characteristics ◽  
The World

The admission of Costa Rica into the World Trade Organization, and the subscription of the Bilateral Free Trade Agreement with Mexico and the agreements with other Central American countries brought about important changes in bean commercialization in Costa Rica. This partly resulted in the creation of CCCRL as an alternative for bean commercialization. Operation and viability of this Consortium are analyzed under the new conditions for the commercialization of agricultural and arming products, both at a national and international level. Agroecological crop conditions are also examined, as well as the socio-economic and cultural characteristics of the population involved in bean production, and their possible influence on CCCRL viability.

Assessment of the Proposed India-China Free Trade Agreement: A General Equilibrium Approach

2015 ◽  
Vol 8 (2) ◽  
pp. 81-108 ◽  
Author(s):  
Rahul Arora ◽  
Sarbjit Singh ◽  
Somesh K. Mathur
Keyword(s):  
General Equilibrium ◽  
Free Trade ◽  
World Trade ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Tariff Reduction ◽  
Trade Association ◽  
Content Type ◽  
The World ◽  
The Impact

Purpose The present study is an attempt to evaluate the impact of the proposed India-China free trade agreement (FTA) in goods trade on both countries under a static general equilibrium framework. Design/Methodology/Approach The study has utilized the Global Trade Analysis Project (GTAP) model of world trade with the presence of skilled and unskilled unemployment in the world. For analysis purposes, 57 GTAP sectors, representing the whole regional economy, have been aggregated into 43 sectors and 140 GTAP regions, representing the whole world, have been aggregated into 19 regions. The study has also used the updated tariff rates provided by the World Trade Organization for better results. Findings The preliminary analysis using trade indicators depicted that by utilizing their own comparative advantage, both of the countries can maximize their gains by exporting more to the world. The simulation results from the GTAP analysis revealed that a tariff reduction in all goods trade would be more beneficial for both the countries than the tariff reduction in each other's specialized products. All other regions lose in terms of shifting the Indian imports towards China in a post-simulation environment. Regions with a significant loss are: the European Union (28 members), Southeast Asia, the Unites States, Japan, Korea, West Asia, and the European Free Trade Association (EFTA). Originality/Value The disaggregated sector-wise analysis has been performed using the latest available GTAP database, version 9.

scholarly journals The trade and economic cooperation between Ukraine and Canada in the context of the free trade agreement

2020 ◽  
pp. 144-155
Author(s):  
Nadiia Kryvenko
Keyword(s):  
Economic Development ◽  
Free Trade ◽  
Free Trade Agreement ◽  
Bilateral Trade ◽  
Driving Forces ◽  
Trade Agreement ◽  
Trade Agreements ◽  
Developed Countries ◽  
Economic Cooperation ◽  
The World

Introduction. Deepening of trade and economic cooperation between the countries remains one of driving forces for their economic development, especially in the context of globalization. Thus, developed countries are the largest exporters and importers in the world market, and special attention is paid to the sale of finished products. The conclusion of regional trade agreements between countries promote development of trade , as trade policy is one of the main issues in them, they take into account the degree of processing of products, the terms of liberalization, quotas and others. Ukraine is also trying to diversifу export and increase its volume as a result of the conclusion of Free Trade Agreements, in particular with Canada. Purpose. Explore the trade and economic relations between Ukraine and Canada, taking into account the Free Trade Agreement and determine the complementarity of relations of countries. Methods. The methods of theoretical generalization, analysis, economic-mathematical modeling, comparison and etc. were used in the work. Results. The artticle emphasizes growth of RTA in the world between countries of different continents and levels of economic development, in particular for example Ukraine and Canada. The development of cooperation between these countries through the study of legal documents concluded by them and the dynamics of bilateral trade is considered. The conclusion of RTA by Canada and Ukraine with a number of other countries is noted, with the selection of the most influential ones, in particular NAFTA and USMCA. The commodity diversification of Canada’s exports and imports, bilateral trade with Ukraine are analyzed, and its increase is observed both in general and in the last years after the conclusion of the Agreement, trade in agrarian products is highlighted. The resulting indicators of trade development between the countries were also calculated, the level of complementarity of the commodity structure of foreign trade of Ukraine and Canada was determined, which indicates the prospects for the development of cooperation between them. The issues of liberalization in the context of the concluded Free Trade Agreement, export requirements are considered, the possible consequences for Ukraine as a result of the concluded Agreement and measures to promote the deepening of trade are presented. Discussion. In the future, we should focus on the research of trade of individual sectors of the economy, commodity diversification of exports and ways of its deepening, the competitiveness of products, increase total export of Canada and Ukraine.

scholarly journals Effect of NAFTA, EUMFTA and China addition to WTO on the cucumber world market

2017 ◽  
Vol 7 (14) ◽  
Author(s):  
Ramón Guajardo-Quiroga
Keyword(s):  
Free Trade ◽  
World Trade ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
World Market ◽  
Spatial Equilibrium ◽  
Spatial Equilibrium Model ◽  
The World ◽  
The Impact ◽  
Complete Operation

Key words: Cucumber world market, international trade, economic integration, quadratic programming, spatial equilibrium models.Abstract. This study empirically analyzed the potential effects of the complete operation of North American Free Trade Agreement (NAFTA), European Union and Mexico Free Trade Agreement (EUMFTA), and the integration of China to the World Trade Organization (WTO), on the cucumber world market. Special emphasis on the impact on Mexico was presented, from a worldwide perspective. A spatial equilibrium model with endogenous prices was constructed for this purpose. Among the findings are: (1) Mexican producers benefited from the complete implementation of NAFTA and EUMFTA. (2) The incorporation of China as a member of the WTO showed a negligible effect on the commercial flows and prices in the cucumber world market. (3) Mexican cucumber production is highly competitive, in the world market, because it has the lowest supply costs.Palabras Clave: Mercado mundial del pepino, integración económica, comercio internacional, programación cuadrática, modelos de equilibro espacial.Resumen. Este estudio analiza empíricamente los efectos potenciales de la operación completa del Tratado de Libre Comercio de América del Norte (TLCAN), Tratado de Libre Comercio de la Unión Europea y México (UMFTA), y la integración de China a la Organización Mundial de Comercio (OMC) en relación al mercado mundial del pepino. Se presentan, con énfasis especial, los impactos sobre México desde una perspectiva mundial.

scholarly journals General concept and components of fair trade: theory and international practice

2020 ◽  
Keyword(s):  
Free Trade ◽  
Fair Trade ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
General Concept ◽  
Trading System ◽  
Playing Field ◽  
Fair Competition ◽  
The World ◽  
World Trading System

The relevance of the study is due to the fact that since 2017, official documents and statements of the US administration, among other things, place the main emphasis on the so-called fair trade. One of the promises of the future president during his election campaign was the withdrawal from the Trans-Pacific Partnership (TPP), the revision of the NAFTA Agreement (North American Free Trade Agreement - North American Free Trade Agreement) and support for new trade agreements that are extremely beneficial for the United States. The course of US trade policy today is highly controversial and controversial. In light of this new course, one of the main problems has become the understanding of what is meant by the term fair trade. The subject of research of the article is the process of development of the world trading system within the WTO, which is based on the principle of non-discrimination, market liberalization, free trade, etc. The goal is an analysis of the definition of fair trade from a literal, terminological, historical and conceptual point of view. The objective is to research the concept of fair trade in general and each of its elements (unfair trade practice, fair competition and level playing field) in theoretical interpretation and in practical use. General scientific methods are used, such as system analysis - to define the general concept of fair trade and its components in theoretical and practical aspects, as well as factor analysis - to formalize the cause-and-effect relationships of the investigated factors of the development of the world trade system in the direction of its liberalization. The following results were obtained: based on the analysis carried out, it can be concluded that fair trade should be understood as such trade that will exclude any manifestations of unfair trading practices, ensure fair competition, as well as a truly level playing field for trade. In practice, this is exactly what the world community is striving for in the development of the world trading system. Conclusions: the lack of a unified approach to understanding fair trade in general and each of its elements (fair trading practices, fair competition and equal conditions) allows these concepts to be manipulated and used in a way convenient for the one who uses them.

The Investment Provisions of the Canada—United States Free Trade Agreement: A Canadian Perspective

1990 ◽  
Vol 84 (2) ◽  
pp. 394-443 ◽  
Author(s):  
Jean Raby
Keyword(s):  
United States ◽  
Free Trade ◽  
Free Trade Agreement ◽  
Bilateral Trade ◽  
Good Deal ◽  
Trade Agreement ◽  
Ronald Reagan ◽  
The United States ◽  
The World ◽  
Trading Partners

This is a good deal, a good deal for Canada and a deal that is good for all Canadians. It is also a fair deal, which means that it brings benefits and progress to our partner, the United States of America. When both countries prosper, our democracies are strengthened and leadership has been provided to our trading partners around the world. I think this initiative represents enlightened leadership to the trading partners about what can be accomplished when we determine that we are going to strike down protectionism, move toward liberalized trade, and generate new prosperity for all our people.On January 2, 1988, President Ronald Reagan of the United States and Prime Minister Brian Mulroney of Canada signed the landmark comprehensive Free Trade Agreement (FTA) between the two countries that already enjoyed the largest bilateral trade relationship in the world. The FTA was subsequently ratified by the legislatures of both countries, if only after a bitterly fought election on the subject in Canada. On January 1, 1989, the FTA formally came into effect.

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