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Free Trade Zones and Their Relation to GATT

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Issues in World Trade Policy
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Abstract

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.

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References

  • Grubel, Herbert G. (1982) ‘Towards a Theory of Free Economic Zones’, Weltwirtschaftliches Archiv, Band 118, Heft 1.

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© 1986 Centre of Policy Studies, Monash University, Australia

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Grubel, H.G. (1986). Free Trade Zones and Their Relation to GATT. In: Snape, R.H. (eds) Issues in World Trade Policy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-08636-8_7

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