A free trade agreement supports global free trade since trade barriers tend to divert trade in favor of members, but not reduce imports. The term: 'mutual assured deterrence' is used to refer to a reg
This paper describes development patterns beyond GDP in a long-term historical perspective. It revisits the discussion on the goals of development in light of the current discussions on ‘Beyond GDP’,
Organisation for Economic Co-operation and Development60
This table has all the effective RTAs involving China during 1995–2011. (G) stands for Goods and (S) for Services. The data is extracted from the WTO website, http://rtais.wto.org/UI/PublicAllRTAList.
In 1991, the Japanese economy ended a historic expansion and entered a period of stagnation that has yet to abate. Nine years later, the US economy ended a similarly historic expansion. There were man
