Browsing ECO Working Papers by Subject "US trade deficit"

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Browsing ECO Working Papers by Subject "US trade deficit"

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    Title: The US Trade Deficit, the Decline of the WTO and the Rise of Regionalism  Author(s): AGUR, Itai Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: This paper argues that the growing US trade deficit has caused the decline of the WTO and the rise of regional trade agreements. A country in de.cit prefers to retain market power against countries with a large surplus. ...