Series: IMF Working Papers
Author(s): Shang-Jin Wei , and Arvind Subramanian
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2003
Keywords: WTO, gravity, special and differential treatment, industrial country, industrial countries, free trade area, free trade, trade liberalization,
This paper furnishes robust evidence that the GATT/WTO has had a powerful and positive impact on trade. The impact has, however, been uneven. GATT/WTO membership for industrial countries has been associated with a...