Figure 11. Likely distribution of the average length of ITN sub-networks, overlooking all pairs of countries with a bilateral trade agreement (solid purple) and without agreement (light violet), as there is a direct route between countries. The figures are calculated from the ITN for 2002. Finally, we stress that the methodological framework used in this work can potentially serve as a basis for addressing other more specific research issues related to OOTAs, including dependence on the effectiveness of these agreements in relation to their total number or.dem volume of exchanges. Another interesting problem would be the existence of interference between the different EEPs, which directly or indirectly affect the same national economic sectors through BTA, which concern certain relevant trading partners. In this sense, we will debugging further in-depth studies as a relevant theme for future research. Bilateral trade was very popular in Finnish business circles, as it allowed contracts to be contracted with very large contracts, and in addition to having less stringent requirements of sophistication or quality when compared with Western markets. The Soviet side was motivated to participate in clearing trading because the agreement essentially offered cheap credit. The option was to sell commitments on the international market and pay interest in hard currency.
Capital, such as icebreakers, railway cars or consumer goods, could be purchased in Finland, and costs would simply become a clearing account deficit, which would ultimately be repaid in the form of crude oil or orders such as nuclear power plants (Loviisa I and II). 24. Sopranzetti S. Riding free trade agreements and international trade: a network approach. World Econ. (2018) 41:1549-66. doi: 10.1111/twec.12599 3. Square C.
Review of the impact of regional trade agreements on trade flows with an appropriate specification of the gravity model. Eur Econ Rev. (2006) 50:223-47. doi: 10.1016/j.euroecorev.2004.06.001 A full list of trade agreements analysed is available in Table 1 (annex). 18. Serrano A, Boguna M. Topology of Global Web Trade. Phys Rev E. (2003) 68:015101. 10.1103/PhysRevE.68.015101 The Transatlantic Trade and Investment Partnership would remove current barriers to trade between the United States and the European Union. This would be the largest agreement ever reached by the North American Free Trade Agreement.
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