A topical study of regional arrangements covering ASEAN, SAARC and
APEC in Asia, NAFTA and MERCOSUR in the Americas, SADC, SACU and
ECOWAS in Africa, and the European Union, EFTA and Eastern Europe.
The book argues that foreign direct investment is complementary to
trade and most regional arrangements can create trade and induce
growth so long as they remain open and non-discriminatory. But they
could also become stumbling blocks to globalization. The book
demonstrates how US and EU trade policy will be crucial in shaping
the world economy.
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