Trade Agreements and Flows in ECOWAS: Is a Single Currency the Determining Factor?
Benjamin Ndong, Sokhana Diarra Mboup
Abstract
Benjamin Ndong, Sokhana Diarra Mboup
Abstract
Regional integration agreements are a main feature of world trade today. The number of such agreements has multiplied in recent years, as the World Trade Organization (WTO) notes: Most WTO members are also party to one or more regional trade agreements. Since the early 1990s, the sharp increase in the number of Regional Trade Agreements has continued. Some 250 Regional Trade Agreements (RTAs) have been notified to the GATT/WTO up to December 2002, of which 130 were notified after January 1995. Over 170 RTAs are currently in force; an additional 70 are estimated to be operational although not yet notified. (WTO, 2003) These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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Regional integration agreements are a main feature of world trade today. The number of such agreements has multiplied in recent years, as the World Trade Organization (WTO) notes: Most WTO members are also party to one or more regional trade agreements. Since the early 1990s, the sharp increase in the number of Regional Trade Agreements has continued. Some 250 Regional Trade Agreements (RTAs) have been notified to the GATT/WTO up to December 2002, of which 130 were notified after January 1995. Over 170 RTAs are currently in force; an additional 70 are estimated to be operational although not yet notified. (WTO, 2003) These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
Key concepts: Currency, Factor (programming language), International economics, Single currency, Economics, International trade, Business, Monetary economics