Year unknown•RePEc: Research Papers in EconomicsRequires access

REGIONAL TRADE AGREEMENTS IN THE SYSTEM OF THE WORLD TRADE LIBERALIZATION

Лариса Васильевна Громоздова, Viktorija lchenko, Yana Derbenova

Abstract

The study presents an overview of regional trade agreements and their part in trade liberalization. The World Trade Organization’s role in the trade regulation and its limitations are discussed. This paper intends to determine the changes in the global trade in the 21st century, particularly in trade regional trade agreements.

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Key concepts: Free trade, International trade, Economic integration, Trade barrier, Regional trade, International free trade agreement, International economics, World trade