Market Analysis Tools and Services - UNCTAD Virtual Institute
Market Analysis Tools and Services - UNCTAD Virtual Institute
Market Analysis Tools and Services - UNCTAD Virtual Institute
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1958<br />
1960<br />
1962<br />
1964<br />
1966<br />
1968<br />
1970<br />
1972<br />
1974<br />
1976<br />
1978<br />
1980<br />
1982<br />
1984<br />
1986<br />
1988<br />
1990<br />
1992<br />
1994<br />
1996<br />
1998<br />
2000<br />
2002<br />
2004<br />
2006<br />
2008<br />
Common types of trade agreements<br />
• Partial Scope Agreement: reduces trade restrictions between partner<br />
countries for a few products<br />
• Free Trade Zone/Agreement/Area: eliminates trade barriers within the zone<br />
(FTA, RTA, etc.)<br />
• Customs Union: free trade zone + common external tariff<br />
• Common <strong>Market</strong>: customs union + free flow of factors of production within<br />
region (capital, labour)<br />
• Economic Union: unification/harmonization of economic policies: monetary<br />
policy, fiscal policy, regulatory regimes…<br />
Proliferation of RTAs<br />
200<br />
180<br />
160<br />
140<br />
120<br />
100<br />
80<br />
60<br />
40<br />
20<br />
0<br />
Number of Regional Trade Agreements Notified to WTO<br />
1958 – 2009<br />
Source: World Trade Organization
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