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This working paper analyzes the evolution of global merchandise trade from 2010 to 2022, focusing on the share of imports under Regional Trade Agreements (RTAs). Despite the increase in the number of RTAs, the share of preferential imports has remained relatively stable, with 80% of global imports continuing to occur under Most Favoured Nation (MFN) principles. The findings highlight the limited impact of RTAs on preferential trade due to the dominance of MFN duty-free imports and stringent origin requireme

Author
mohdismileansari0650
Language
EN