Regional Trade Agreements with Global Value Chains
Abstract: This FEDS Note looks at the effect of Regional Trade Agreements on trade between the agreement zone and the rest of the world. Global Value Chains are associated with an increase in outflow. Hence, RTAs can be a stumbling block for multilateralism.
File(s): File format is text/html https://www.federalreserve.gov/econres/notes/feds-notes/regional-trade-agreements-with-global-value-chains-20210204.htm
Part of Series: FEDS Notes
Publication Date: 2021-02-04