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Regional Rules in the Global Trading System edited by Antoni Estevadeordal, Kati Suominen, and Robert Teh Cambridge University Press, 2010

Published online by Cambridge University Press:  19 April 2011

Alberto Portugal-Perez
Affiliation:
The World Bank

Abstract

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Type
Book Review
Copyright
Copyright © Cambridge University Press 2011

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References

1 For such an empirical review see for instance: Freund, Caroline and Emanuel Ornelas (2010), ‘Regional Trade Agreements’, World Bank Policy Research Working Paper 5314 and forthcoming in the Annual Review of Economics.

2 In a negative-list schedule, everything is liberalized, unless otherwise indicated through lists of reservations. In contrast, under a positive-list modality, liberalization obligations only apply to the sectors listed, which themselves are subject to the limitations or conditions inscribed.

3 Other instruments that are less direct include the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) and the Agreement on Subsidies and Countervailing Measures (SCM).