c
oncluSIonS
Case studies of AFTA and COMESA demonstrate that current South-South
RTA regulations outlined under the multilateral trading system have not
been adequately enforced or applied. As a result, these regulations have
not induced significant increases in South-South intra-regional trade. I
have offered only a few recommendations to counter this issue, but clearly there
are numerous ways in which the regulation of trade could be more conducive to
the development of emerging markets in the global economy. Continued
analysis of South-South RTAs could produce viable policy prescriptions
to improve the WTO’s inadequate approach to cultivating intra-regional
trade between industrializing countries.
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