Trade theories predict and explain the consequences of economic integration. Generally, they show that freer international trade leads to specialisation, technological convergence and faster economic growth. This study compares the conclusions of the trade theories with empirical observations of economic changes in the European Union.

Cr�ticas

...Constructs a series of intercountry EC input-output tables in constant prices and uses these to analyze changes in Germany, France, Italy, The Netherlands, Belgium and Denmark during economic integration between 1970 and 1985.
Journal of Economic Literature

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