Are trade blocs conducive to free trade?

Article Abstract:

The role of political integration in creating free trade equilibria among small provinces is examined by creating a model with static integrated trade blocs. Results show that integration between small provinces can prevent attempts made by a large province to dominate the market, thereby preventing free trade. If the integrated provinces are larger than the dominant province, free trade can still be promoted provided that the integration produces multiple equal-sized blocs.

Models, International trade, Free trade

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Rafidah opens trade doors

Article Abstract:

The government of Malaysia is implementing an industrial linkage program which will require the cooperation of larger companies, especially multinational companies, to assist small and medium enterprises. Rafidah Aziz, Minister for International Trade and Industry, contends the government is taking a new approach towards business and will do what it can to create an investor-friendly environment.

Economic policy, Economic development, Malaysia, Malaysia. Ministry of Trade and Industry

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Lock the Doors

Article Abstract:

Nicaragua is using the Grenada episode as an excuse to enhance its military strength. Nicaragua is also exploiting America's intervention in Grenada to take a harder line against the Roman Catholic Church and the political dissenters. Non Sandinist leaders are supporting the Church.

Religious aspects, Nicaragua

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