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Do preferential trade agreements harm excluded countries?

Geoff Riley

14th December 2015

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Agreements to liberalise trade between groups of countries will boost wages in the partner countries but harm third countries excluded from the agreement. That is the central finding of research by Pascal Mossay and Takatoshi Tabuchi, published in the December 2015 issue of the Economic Journal.

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

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Study Notes

IB Economics - Preferential Trade Agreements and Trading Blocs

Study Notes