G2TT
来源类型Discussion paper
规范类型论文
来源IDDP1909
DP1909 Workers' Versus Bankers' Europe (II): Policy Externalities and Credibility in EMU
Paolo Manasse; laura bottazzi
发表日期1998-06-30
出版年1998
语种英语
摘要This paper explores the economic impact of a free trade agreement (FTA) between Egypt and the United States, assuming that Egypt implements both the recently agreed Arab League FTA and a Partnership Agreement with the European Union. An Egypt-United States agreement would improve Egypt?s economic welfare. Gains would be maximized if the agreement were to greatly reduce the prevalence of non-tariff barriers and ?red tape? costs, something that does not appear to be likely under the Arab and EU FTAs. If so, the modelling exercise suggests that both welfare and US exports to Egypt would rise significantly. Arab countries should not be concerned with an Egypt-United States agreement, as there are no major implications for exports to Egypt. The share of Egypt?s imports originating in the rest of the world declines significantly under the FTA scenarios, however. This is costly to both Egypt and to these trading partners. Such costs can be avoided if external trade barriers are lowered in conjunction with the implementation of the various FTAs.
主题International Trade and Regional Economics
关键词Arab league Egypt Free trade agreements Us trade policy
URLhttps://cepr.org/publications/dp1909
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/531045
推荐引用方式
GB/T 7714
Paolo Manasse,laura bottazzi. DP1909 Workers' Versus Bankers' Europe (II): Policy Externalities and Credibility in EMU. 1998.
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