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- Trade_creation abstract "Trade creation is an economic term related to international economics in which trade flows are redirected due to the formation of a free trade area or a customs union. The issue was firstly brought into discussion by Jacob Viner (1950), together with the trade diversion effect. In the former case after the formation of economic union, the cost of the goods considered is decreased, leading to an increase of efficiency of economic integration. Hence, trade creation's essence is in elimination of customs tariffs on inner border of unifying states (usually already trading with each other), causing further decrease of price of the goods, while there may be a case of new trade flow creation of the goods between the states decided to economically integrate. The opposite takes place in case of trade diversion, when the trade flow is diverted from actually cost-efficient partner state to less efficient one - but which became a member of economic union and made its goods cheaper within a union, but higher compared to the rest of the world.In practice, both trade creation and diversion effects take place due to formation of economic union. Efficiency of economic integration of specific union right now is assessed as a final outcome between trade creation and diversion effects: it is cost-effective in case of prevailing of the trade creation effects, and vice versa.".
- Trade_creation wikiPageExternalLink 592.pdf.
- Trade_creation wikiPageID "1859756".
- Trade_creation wikiPageLength "4278".
- Trade_creation wikiPageOutDegree "25".
- Trade_creation wikiPageRevisionID "546511078".
- Trade_creation wikiPageWikiLink Category:International_trade.
- Trade_creation wikiPageWikiLink Common_external_tariff.
- Trade_creation wikiPageWikiLink Comparative_advantage.
- Trade_creation wikiPageWikiLink Customs_union.
- Trade_creation wikiPageWikiLink Defense_(military).
- Trade_creation wikiPageWikiLink Departmentalization.
- Trade_creation wikiPageWikiLink Developed_country.
- Trade_creation wikiPageWikiLink Developed_nation.
- Trade_creation wikiPageWikiLink Developing_country.
- Trade_creation wikiPageWikiLink Developing_nation.
- Trade_creation wikiPageWikiLink Economic.
- Trade_creation wikiPageWikiLink Economy.
- Trade_creation wikiPageWikiLink Free_trade_area.
- Trade_creation wikiPageWikiLink Harvard_Institute_for_International_Development.
- Trade_creation wikiPageWikiLink Import_quota.
- Trade_creation wikiPageWikiLink Industries.
- Trade_creation wikiPageWikiLink Industry.
- Trade_creation wikiPageWikiLink Infant_industry_argument.
- Trade_creation wikiPageWikiLink International_economics.
- Trade_creation wikiPageWikiLink Military.
- Trade_creation wikiPageWikiLink Outsourcing.
- Trade_creation wikiPageWikiLink Protectionism.
- Trade_creation wikiPageWikiLink Protectionist.
- Trade_creation wikiPageWikiLink Regulation.
- Trade_creation wikiPageWikiLink Regulations.
- Trade_creation wikiPageWikiLink Subsidies.
- Trade_creation wikiPageWikiLink Subsidy.
- Trade_creation wikiPageWikiLink Tariff.
- Trade_creation wikiPageWikiLink Tariffs.
- Trade_creation wikiPageWikiLink Trade.
- Trade_creation wikiPageWikiLink Trade_diversion.
- Trade_creation wikiPageWikiLinkText "Trade creation".
- Trade_creation wikiPageWikiLinkText "trade creation".
- Trade_creation hasPhotoCollection Trade_creation.
- Trade_creation wikiPageUsesTemplate Template:Trade_bloc.
- Trade_creation subject Category:International_trade.
- Trade_creation hypernym Term.
- Trade_creation type Relation.
- Trade_creation comment "Trade creation is an economic term related to international economics in which trade flows are redirected due to the formation of a free trade area or a customs union. The issue was firstly brought into discussion by Jacob Viner (1950), together with the trade diversion effect. In the former case after the formation of economic union, the cost of the goods considered is decreased, leading to an increase of efficiency of economic integration.".
- Trade_creation label "Trade creation".
- Trade_creation sameAs m.061r7k.
- Trade_creation sameAs Trade_creation.
- Trade_creation sameAs Q7832035.
- Trade_creation sameAs Q7832035.
- Trade_creation wasDerivedFrom Trade_creation?oldid=546511078.
- Trade_creation isPrimaryTopicOf Trade_creation.