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Topology of Reciprocal Trade Agreements – A New Perspective
Journal of International Business and Economics
  • Suresh Singh, Northeastern Illinois University
  • Sundaram Dorai, Northeastern Illinois University
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The topology of the worldwide network of reciprocal trade agreements is evolving in ways that defy conventional wisdom. It is at odds with the triad hypothesis, that is, a view of the world consisting of three mutually isolated major blocs, structured in a hub and spoke fashion - Americas with US as the hub, Europe with European Union as the hub and Asia with Japan as the hub. Moreover, many new agreements, traditionally called ‘regional’, are actually inter-regional. In order to make sense of these developments, we charted the evolution of the network using social network analysis and arrived at a new perspective on its topology.

Original citation:

Singh, S., & Dorai, S. (2015). Topology of reciprocal trade agreements – a new perspective. Journal of International Business and Economics, 15(1), 76-82. doi: 10.18374/JIBE-15-1.6

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Citation Information
Suresh Singh and Sundaram Dorai. "Topology of Reciprocal Trade Agreements – A New Perspective" Journal of International Business and Economics (2015)
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