Mattoo, AadityaFink, Carsten2013-08-052013-08-052002-06https://hdl.handle.net/10986/14791Every major regional trade agreement now has a services dimension. Is trade in services so different that there is need to modify the conclusions on preferential agreements pertaining to goods reached so far? The authors first examine the implications of unilateral policy choices in a particular services market. They then explore the economics of international cooperation and identify the circumstances in which a country is more likely to benefit from cooperation in a regional rather than multilateral forum.en-USCC BY 3.0 IGOALTERNATIVE INSTRUMENTSBARRIERS TO ENTRYBORDER FORMALITIESBUSINESS SERVICESCAPITAL ACCUMULATIONCHANGES IN TRADECOMMERCIAL PRESENCECOMPARATIVE ADVANTAGECOMPETITIVE ADVANTAGECOMPETITIVE MARKETSCOMPETITIVENESSCONCESSIONSCONSTANT MARGINAL COSTSCONSUMER CHOICECONSUMER SURPLUSCONSUMERSCONVERGENCECROSS BORDER TRADECROSS- BORDER TRADECROSS-BORDER DELIVERYCROSS-BORDER TRADECROWDING OUTDIRECT INVESTMENTDISCRIMINATORY REGULATIONDISCRIMINATORY RESTRICTIONSDOMESTIC FIRMSDOMESTIC IMPORTERSDOMESTIC INDUSTRYDOMESTIC INTERESTDOMESTIC INTEREST GROUPSDOMESTIC PRODUCTIONDOMESTIC REGULATIONSECONOMIC ACTIVITYECONOMIES OF SCALEEQUILIBRIUMEXPLOITATIONEXPORTERSFACTOR ENDOWMENTSFACTOR MARKETSFACTOR MOBILITYFINANCIAL INSTITUTIONSFINANCIAL SERVICESFIXED COSTSFOREIGN CAPITALFOREIGN DIRECT INVESTMENTFOREIGN ENTRYFOREIGN FIRMSFOREIGN GOODSFOREIGN INVESTMENTFOREIGN INVESTORFOREIGN OWNERSHIPFOREIGN PROFESSIONALSFOREIGN PROVIDERSFOREIGN SERVICESFOREIGN SUPPLIERFOREIGN SUPPLIERSFREE ENTRYFREE TRADEFREE TRADE AGREEMENTFRICTIONAL BARRIERSGATSGLOBAL COMPETITIONGLOBAL WELFAREHARMONIZATIONHIGH-TARIFF IMPORTSIMPORTING COUNTRYIMPORTSINCOME LEVELSINCREASED COMPETITIONINDUCING KNOWLEDGEINSURANCEINSURANCE COMPANIESINTEGRATED MARKETINTERNATIONAL COMPETITIONINTERNATIONAL COOPERATIONINTERNATIONAL TRANSPORTKNOWLEDGE SPILLOVERSLIBERALIZATION OF TRADELIBERALIZING TRADELICENSING PROCESSLIMITED ENTRYLOCAL CONTENTLOCAL INDUSTRYMARGINAL COSTMARGINAL COST OF PRODUCTIONMARGINAL PRODUCTIONMARKET ENLARGEMENTMARKET INTEGRATIONMARKET SIZEMARKET STRUCTUREMFNMULTILATERAL CONTEXTMULTILATERAL FORUMMULTILATERAL LEVELMULTILATERAL LIBERALIZATIONMULTILATERAL OPENINGMUTUAL RECOGNITIONMUTUAL RECOGNITION AGREEMENTNATIONAL INCOMENATIONAL MARKETSNATIONAL TREATMENTNETWORK EXTERNALITIESNON- MEMBER COUNTRIESNON-DISCRIMINATORY BASISNON-PREFERENTIAL LIBERALIZATIONNON-PREFERENTIAL RECOGNITION AGREEMENTNORMAL PROFITSPARTNER COUNTRIESPREFERENCE-GRANTING COUNTRYPREFERENTIAL ACCESSPREFERENTIAL AGREEMENTPREFERENTIAL AGREEMENT IN SERVICESPREFERENTIAL ARRANGEMENTPREFERENTIAL BASISPREFERENTIAL LIBERALIZATIONPREFERENTIAL LIBERALIZATION AGREEMENTSPREFERENTIAL REDUCTIONPREFERENTIAL SOURCESPREFERENTIAL TARIFFPREFERENTIAL TREATMENTPRODUCERSPRODUCT DIFFERENTIATIONPRODUCTION ACTIVITIESPRODUCTION COSTSPROFESSIONAL SERVICESPROTECTIONIST INSTRUMENTPROTECTIONIST MEASURESQUALIFICATION REQUIREMENTSQUANTITATIVE RESTRICTIONQUANTITATIVE RESTRICTIONSQUOTA RENTSQUOTASRECOGNITION AGREEMENTSREDUCTION IN TARIFFSREGIONAL AGREEMENTREGIONAL AGREEMENTSREGIONAL CONTEXTREGIONAL INTEGRATIONREGIONAL INTEGRATION AGREEMENTREGIONAL LEVELREGIONAL MARKETREGIONAL TRADEREGIONAL TRADE AGREEMENTREGIONALISMREGULATORY BARRIERREGULATORY BURDENREGULATORY COOPERATIONREGULATORY OBJECTIVESREMOVING BARRIERSRESERVE REQUIREMENTSRESTRICTIVE RULES OF ORIGINSCALE ECONOMIESSCALE EFFECTSSERVICE PROVIDERSERVICE SUPPLIERSSERVICES NEGOTIATIONSSERVICES SECTORSSERVICES TRADESUNK COSTSTAKEOVERTARIFF REVENUETAX RATESTECHNICAL REGULATIONSTECHNICAL STANDARDSTELECOMMUNICATIONSTRADE AGREEMENTTRADE BARRIERSTRADE CREATIONTRADE DIVERSIONTRADE FLOWSTRADE IN SERVICESTRADE POLICYTRADE SERVICESTRADE THEORYTRANSPORT COSTSTRANSPORT SERVICESVARIABLE COSTSWAGESWELFARE GAINS TRADE AGREEMENTSREGIONAL INTEGRATIONSERVICE EXPORTSPREFERENTIAL TRADE AGREEMENTSPOLICY FORMATIONTRADE FACILITATIONINTERNATIONAL COOPERATIONECONOMIC COOPERATIONMULTILATERAL AGREEMENTSREGIONAL TRADEWorld Bank10.1596/1813-9450-2852