Does a Bilateral FTA Pave the Way for Multilateral Free Trade?
Does a Bilateral FTA Pave the Way for Multilateral Free Trade?
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DOI：
10.1111/roie.12028
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发表时间：
2013-02
期刊：
影响因子：
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通讯作者：
Ryoichi Nomura;Takao Ohkawa;M. Okamura;M. Tawada
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文献类型：
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作者：
Ryoichi Nomura;Takao Ohkawa;M. Okamura;M. Tawada
我们确定是否双边自由贸易协定（FTA）作为一个基石，多边自由贸易（MFT）在一个三个国家的模型与不对称的国内市场。我们的主要结论如下：（一）两个大国之间的双边自由贸易协定可以作为一个基石的多边贸易协定;（二）两个小国之间的双边自由贸易协定作为一个绊脚石的多边贸易协定;（三）这种自由贸易协定可以帕累托改进时，多边贸易协定是不可行的。
We determine whether a bilateral free trade agreement (FTA) acts as a building block for multilateral free trade (MFT) in a three-country model with asymmetric domestic markets. Our main conclusions are as follows: (i) A bilateral FTA between two large countries can act as a building block for MFT; (ii) A bilateral FTA between two small countries acts as a stumbling block for MFT; (iii) This FTA can be Pareto improving when a multilateral trade agreement is not feasible.