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Title: |
Europe 1992: The External Trade Implications |
| Author: |
Sapir, Andre |
| Author
Affiliation: |
U Libre de
Bruxelles |
| Source: |
International Economic Journal, Spring 1992, v. 6, no. 1, pp. 1-15 |
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Publication Date: |
Spring 1992 |
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Abstract: |
This paper
examines the external dimension of the completion of the European
internal market (" Europe-1992"). It starts with a short review of the
relevant tools from customs union theory, which are used to evaluate the
effect of the 1992 program on third countries (in particular, the United
States) under the assumption of unchanged trade policy. The paper then
assesses the possibility of changes in EC external trade policy after
1992. It suggests that existing GATT rules and the current Uruguay Round
of multilateral trade negotiations impose constraints on changes in the
external trade policy of the Community. Finally, the paper argues in
favor of internal and external liberalization in the Community. |
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