Trade Policy

  • Nikos Kouvaritakis
  • Nikos Stroblos
  • Leonidas Paroussos
  • Spyridon Tsallas
Part of the ZEW Economic Studies book series (ZEW, volume 26)


Between 1950 and 1999 total world trade has risen by a factor of 14 (Nordström and Vaughan, 1999). The major drivers of world trade expansion are:
  • Population growth. World population has increased from 2.5 billion in 1950 to 6 billion in 2000.

  • Real GDP growth. During the last 50 years real GDP has risen by a factor of six.

  • Globalisation. World integration has proceeded considerably during this period, mainly due to the reduction in trade barriers, and transportation and communication costs.


European Union World Trade Organisation Trade Policy Free Trade Agreement Tariff Rate 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer-Verlag Berlin Heidelberg 2004

Authors and Affiliations

  • Nikos Kouvaritakis
    • 1
  • Nikos Stroblos
    • 1
  • Leonidas Paroussos
    • 1
  • Spyridon Tsallas
    • 1
  1. 1.National Technical University of AthensAthensGreece

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