It takes the average reader and 36 minutes to read The New Regionalism in Trade Policy by Jaime Melo de
Assuming a reading speed of 250 words per minute. Learn more
Regionalism is once again being viewed as a solution to the major international economic problems of our times. Slow progress of the negotiations at the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) has led some economists to conclude that a division of the world into three trading blocs -- Europe, the Americas, and East Asia, is the fastest road to multilateral free trade. They argue that negotiations for free trade are far more likely to succeed when conducted among three parties rather than among 154. For many countries, the proliferation of nontariff barriers in the industrial world has made regional integration an attractive policy option. However, the experience with South-South integration has been discouraging, and some economists claim that any temptation to promote such schemes in the future should be resisted. As for North-North integration, it has been widely successful in Europe. Intraregional trade expanded greatly, but not at the expense of trade with non-partners, which also grew rapidly. And European integration has greatly diminished, if not eliminated, the possibility of future internal conflicts. Looking to the future, North-South integration holds much promise for developing countries. Regional arrangements of this type can solidify past reforms, guarantee future access to a large market, and stimulate growth via increased direct foreign investment, more intense competition and faster technological diffusion.
The New Regionalism in Trade Policy by Jaime Melo de is 36 pages long, and a total of 9,216 words.
This makes it 12% the length of the average book. It also has 11% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 50 minutes to read The New Regionalism in Trade Policy aloud.
The New Regionalism in Trade Policy is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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