Open Regionalism

Open regionalism in Global Commerce Policy

In this regard, open regionalism is: a term which implies that any regional arrangement should be outward-looking and lowering barriers to economies outside the arrangement as well as those within it. For some, open regionalism means that full most-favoured-nation treatment will apply to tariff reductions by members of an arrangement. For others it allows the possibility of a preferential trade arrangement, coupled with easy access to membership.[1]

Open regionalismin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Open regionalism” entry (OAS)

See Also