Discussion Paper
Regional Trade Agreements with Global Value Chains
de Soyres, Francois; Maire, Julien; Sublet, Guillaume (2021-02-04)
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.
FEDS Notes , Paper 2021-02-04