Free Trade Zones and Their Relation to GATT
Herbert G. Grubel
Abstract
Herbert G. Grubel
Abstract
In this chapter1 I describe briefly free trade and market zones and note their rapid spread in recent years in many countries of the world. I then analyse the basic motives for their establishment. Public choice theory provides a plausible explanation for their political appeal.
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In this chapter1 I describe briefly free trade and market zones and note their rapid spread in recent years in many countries of the world. I then analyse the basic motives for their establishment. Public choice theory provides a plausible explanation for their political appeal.
Key concepts: Appeal, Relation (database), Politics, International trade, Free trade, Economics, Political science, International economics