This article uses a multi sector, multi county, computable general equilibrium model to examine Chile's strategy of 'additive regionalism' negotiating bilateral free trade agreements with all of its significant trading partners. Taking Chile regional arrangements bilaterally, only its agreements with Northern partners provide sufficient market access to overcome trade diversion costs. Due to preferential market access, however, additive regionalism...
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2002/01/01
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77383
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1
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1
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2013/05/21
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Disclosed
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Trade policy options for Chile : importance of market access
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World Bank Economic Review