01761cas a2200265 a 4500 AALejournalIMF002741 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451875492 1018-5941 BD-DhAAL BD-DhAAL Panagariya, Arvind. Free Trade Areas and Rules of Origin : Economics and Politics / Arvind Panagariya, Rupa Duttagupta. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (30 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 Incorporating intermediate inputs into a small-union general-equilibrium model, this paper first develops the welfare economics of preferential trading under the rules of origin (ROO) and then demonstrates that the ROO could improve the political viability of Free Trade Agreements (FTAs). Two interesting outcomes are derived. First, a welfare reducing FTA that was rejected in the absence of the ROO becomes feasible in the presence of these rules. Second, a welfare improving FTA that was rejected in the absence of the ROO is endorsed in their presence, but upon endorsement it becomes welfare inferior relative to the status quo. Mode of access: Internet Mexico imf Duttagupta, Rupa. IMF Working Papers; Working Paper ; No. 2003/229 Full text available on IMF http://elibrary.imf.org/view/journals/001/2003/229/001.2003.issue-229-en.xml IMF e-Library