01439cas a2200253 a 4500 AALejournalIMF000152 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451853155 1018-5941 BD-DhAAL BD-DhAAL Bayoumi, Tamim. Is Regionalism Simply a Diversion? : Evidence from the Evolution of the EC and EFTA / Tamim Bayoumi, Barry Eichengreen. Washington, D.C. : International Monetary Fund, 1995. 1 online resource (31 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper considers the impact on trade of preferential arrangements in Europe since the 1950s. Using a first difference version of the gravity model, we find that the EEC and EFTA altered the pattern of international trade. We also find evidence of trade diversion in several cases, notably that of the EEC in the 1960s. Mode of access: Internet Eichengreen, Barry. IMF Working Papers; Working Paper ; No. 1995/109 Full text available on IMF http://elibrary.imf.org/view/journals/001/1995/109/001.1995.issue-109-en.xml IMF e-Library