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Keywords: free trade area
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Teaching Notes
Journal:
Teaching Notes
Teaching Notes 1–20.
Published: 20 January 2017
... and the concepts of trade creation and trade deviation. The case is best taught together with the technical note “Customs Unions and Free Trade Areas” (UVA-G-0624), which lays out the welfare analysis. What are the benefits/costs of the FTA agreement from the point of view of the United States...
