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Tags archives: china-and-india

The elephant and the dragon

Multilateral trading arrangements under the World Trade Organisation have expanded over time. Yet, the current global trade landscape is characterised by an overwhelming number of regional trading arrangements. The proliferation of regional trading arrangements has been so pervasive that Jagdish Bhagwati calls it a spaghetti bowl. All countries try to tap into emerging markets through trade agreements. One of the strongest emerging markets is the group of nations that comprise […]