Aramendia Muneta, María Elena

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Aramendia Muneta

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María Elena

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Gestión de Empresas

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INARBE. Institute for Advanced Research in Business and Economics

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  • PublicationOpen Access
    Regionalism vs. bilateralism: an analysis on trade flows in advanced and emerging economies
    (IGI Global, 2025) Pluda, Carolina; Aramendia Muneta, María Elena; Gestión de Empresas; Enpresen Kudeaketa
    This chapter analyzes the role of regionalism versus bilateral trade relationships in the context of international trade disruptions caused by the COVID- 19 pandemic. The export and import flows of 11 advanced and 12 emerging economies are ex- amined and compared to identify their primary economic interests, whether linked to regional trade blocs or bilateral partnerships, with or without formal trade agreements (preferential and non- preferential). The findings indicate that advanced economies trade similarly within their blocs and partnerships, regardless of tariff preferences, while emerging economies prioritize half of their trade through non- preferential bilateral partnerships. The trade patterns reveal strong convergence among developed economies and a latent alignment with emerging economies, which also display a uniform trade distribution.