Barbados’ International Trade Potential Evidence from a Gravity Model Analysis

Author(s): Cherise Trotman and Troy Lorde

Created 19 Feb, 2016
Categories Working Papers
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Given  the  WTO’s  contemporary  mandate  for  more  reciprocal  trading arrangements, Barbados’ non reciprocal/unilateral  trading preferences are now at odds  with  WTO  compliance. These  preferences  were  primarily  captured  in arrangements with  the United  Kingdom  and  the  EU,  the United  States  of America and Canada. Now, Barbados must  actively  seek opportunities  in  the  international markets  instead  of  relying  on  preferential  treatment  for  its  exports. A clear reassessment of Barbados' trade policy is therefore needed in order efficiently use limited resources and capture new opportunities.  This research serves to provide some  discussion  on which  markets  and which  countries  offer  trade  potential  for Barbados’ bilateral trade



Barbados’ International Trade Potential Evidence from a Gravity Model Analysis by Cherise Trotman and Troy Lorde.pdf (3.13 MB)
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