Lecture 8

Lecture 8 - November 9 2009 IPE 186 MEREDITH HUBER IPE 186...

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November 9, 2009 IPE 186 MEREDITH HUBER IPE 186 REGIONALISM: 1. Basic issue: Between the national and global levels, regionalism can complicate the issue of system governance a. Have either a regional trade system or a multi-national trade system 2. Trade Regionalism (regional trade agreements)—has been a huge growth in the number of regional trade agreements a. Reaching about 200 3. Monetary regionalism (monetary unions, etc.) Regionalism—TRADE (RTA) Types of RTAs o FTA: Free trade Agreements —Completely renounce tariffs—still have national sovereignty on how they want to tax different goods Free trade agreement where between two countries there is no tax on imports and exports. o Rules of Origin (specify how much of the item must be produced domestically) o Preferential trade agreements PTAs —still have some reservations, not completely open, but are treating each other better than the rest of the world o Customs Union : Trade pact, alliance of countries. Countries eliminate the tariffs,
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This note was uploaded on 06/06/2010 for the course POL S 186 taught by Professor Cohen during the Winter '10 term at UCSB.

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Lecture 8 - November 9 2009 IPE 186 MEREDITH HUBER IPE 186...

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