The major contribution of this study is to quantify the economic impact of Kuwait's membership in the World Trade Organization (WTO) on supply, demand, welfare and terms of trade. A general equilibrium international trade model is used to obtain quantitative results. The model i…
With dramatically growing food consumption, combined with the country's climatic conditions and water scarcity, Saudi Arabia depends heavily on food imports to cover the gap between domestic demand and local production. This increasing reliance on imports, along with expected ef…
Arab countries are attempting to broaden their engagement in the multilateral trading system in a manner that has many implications. Not only have some Arab countries either acceded or are in the pipeline of acceding to the World Trade Organization (WTO), but their new commitmen…
Regional Trade Agreements (RTAs) have proliferated at an unprecedented pace since the creation of the World Trade Organization (WTO). Although the WTO legally recognizes countries' entitlement to form RTAs, neither the WTO nor parties to RTAs have an unequivocal understanding of…