The ASEAN+3 Trading Bloc

The ASEAN+3 proposal has attracted attention in Asia and the world. We argue that a free trade agreement (FTA) for ASEAN+3 is beneficial to all member countries due to three factors: (i) existing and expected vertical foreign direct investment linkage between Japan/Korea and ASEAN member countries, (ii) high expected growth rate of the Chinese economy, and (iii) the economic diversity among members of ASEAN+3 group.

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Year of publication:	2010
Authors:	D. Qiu, Larry ; K. Kwan, Yum
Published in:	Journal of Economic Integration. - Department of Economics and Trade. - Vol. 25.2010, p. 1-31
Publisher:	Department of Economics and Trade
Subject:	ASEAN \| free trade agreement \| trade creation \| trade diversion \| foreign direct investment \| trading bloc

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Type of publication:	Article
Classification:	F13 - Commercial Policy; Protection; Promotion; Trade Negotiations ; F15 - Economic Integration ; F53 - International Agreements and Observance; International Organizations
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009421200