Whalley, John; Li, Chunding - National Bureau of Economic Research (NBER) - 2014
economic union. Unlike Europe with the EU and the 1997 treaty of Rome and the 1993 NAFTA in North American, Asian economic … integration does not involve a comprehensive trade treaty, but an accelerating process of building one bilateral agreement on … potential full Asia integration in the form of a trade bloc. Our results reveal that these large Asia economies can be close to …