Abstract: Much of the literature1 on the effects of the future enlargement of the EEC on trade with the LDCs is concerned with two sets of prospects. On the negative side (from the viewpoint of world welfare optimalisation), there is the possibility of diverting trade from third world countries to future member states. On this line of thought it is assumed that, after the enlargement, the three candidate member states would increase their exports of labour-intensive and other products to the EEC which in turn would negatively influence the export of products by the LDCs. On the positive side, the possibilities are: trade creation for the LDCs through an expanding market when the Three apply the CET and preferences, and an enlarged market for the LDCs caused by the dynamic effects of the integration.
Publication Year: 1980
Publication Date: 1980-01-01
Language: en
Type: book-chapter
Indexed In: ['crossref']
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