Sun, 07 Feb 2021 22:00:57 +0000
Post-WWII globalization is driven simultaneously by multilateral integration as well as the formation of regional trade agreements (RTAs). From an economic theory point of view, multilateral integration is the first best choice over regional integration (a second-best choice). WTO member states declare that RTAs should be complementary to, not a substitute for, the multilateral trading …
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Full article: https://www.hellenicshippingnews.com/rcep-the-game-changer-in-the-post-covid-19-global-economy/