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Published in:
1986 | OriginalPaper | Chapter
Free Trade Zones and Their Relation to GATT
Author : Herbert G. Grubel
Published in: Issues in World Trade Policy
Publisher: Palgrave Macmillan UK
Included in: Professional Book Archive
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In this chapter1 I describe briefly free trade and market zones and note their rapid spread in recent years in many countries of the world. I then analyse the basic motives for their establishment. Public choice theory provides a plausible explanation for their political appeal.