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Motivated by the proliferation of free trade agreements (FTAs) in Asia over the last decade, this paper studies the challenges faced by the Asian “noodle bowl” — overlapping, multiple trade rules, regulations, and standards in Asia — in the process of regional and global trade...
Persistent link: https://www.econbiz.de/10013077731
Persistent link: https://www.econbiz.de/10001450014
This paper empirically confronts one explanation of spreading regionalism with the European experience. The domino theory asserts that forming a preferential trade area, or deepening an existing one, produces trade diversion that generates new political-economy forces in third nations as...
Persistent link: https://www.econbiz.de/10012942669