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Regional integration and the Baltics : which way? (Inglês)

Some propose that the Baltics seek deeper trade integration with the East to maintain existing trade flows and because the Baltics have had little market access to the West. The author argues against such integration, proposing instead that the Baltics improve trade relations with the West, where market access is likely to be less and less of a problem. After assessing factor endowments, and using a gravity model, the author predicts that more than...
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