00744nam a2200121Ia 4500 20260716043321.0 HALLETT, A.J. Hughes Impact of EC-92 on trade in developing countries. 1994 Argues that the net direct effects of EC-92 may be rather small : the trade creation and trade diversion effects brought about by the programme may cancel each other out, with few repercussions for the developing countries as a group. The threat of EC-92 to developing countries lies in the diversion of investment from those countries to the EC and in the resurrection of protectionism by the EC, especially in the form of nontariff barriers, toward the outside world. 3/7/00 M2LMGR A 44731 44731