TY  - SER
AU  - Fernández, Raquel
AU  - Portes, Jonathan
TI  - Returns to regionalism : : an analysis of nontraditional gains from regional trade agreements 
T2  - World Bank Economic Review, vol. 12, no. 2 (mayo 1998), pp. 197-220
KW  - COMERCIO INTERNACIONAL
KW  - COMERCIO INTRARREGIONAL
KW  - INTEGRACION REGIONAL
KW  - REGIONALIZACION
KW  - UNION ADUANERA
N1  - Bibliografía: p. 218-220
N2  - The past decade has witnessed a renewed interest in regional trade agreements, with many policymakers and academics seeming to believe that these provide more than the traditional gains from trade. This article examines several possible benefits that regional trade agreements may confer on the their partners, including credibility, signaling, bargaining power, insurance, and coordination. It assesses the necessary conditions for each possible channel to work, gives stylized examples of soecific types of policy where the benefit might be relevant, and discusses their overall plausibility. It concludes by examining the North American Free Trade Agreement and the Europe Agreements
ER  -