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Author Question: What is potentially an important argumentagainstregional trade agreements? (Read 33 times)

hgjjghgjh

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What is potentially an important argument against regional trade agreements?
◦ Regional trade agreements are not legally enforceable.
◦ Regional trade agreements lead to more volatile swings in national income.
◦ The gains from trade can only be realized with global trade agreements.
◦ The benefits of trade creation may be outweighed by the costs of trade diversion.
◦ They are more difficult to negotiate than multilateral agreements at the WTO.


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Marked as best answer by hgjjghgjh on Oct 12, 2022

Preeti

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hgjjghgjh

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it


lkanara2

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Reply 3 on: Yesterday
Wow, this really help

 

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