This study takes off from an earlier inquiry on the effects of Home Consumption Value (HCV) valuation. It is intended to assist policymakers in examining the requirements for an effective implementation of the General Agreements on Tariffs and Trade Valuation Code (GVC). This study identifies...

The increased level of economic interaction in the Pacific Rim region has brought with it a corresponding increase in the number of potential trade disputes. This paper describes a conceptual and methodological framework for examining cultural aspects of trade disputes and presents several case...

This article assesses the impact of the ongoing tariff reform on effective protection rate (EPR) in the manufacturing sector given that the scheduled tariff rate changes will be fully implemented. Tariff levels of the Philippines and other ASEAN countries during 1970s are compared. It also...

Opinions about the Multi-Fibre Agreement (MFA) vary not only between importers and exporters but also within these groups depending on the costs and benefits accorded to each. This paper attempts to quantify the effects of MFA liberalization on developing countries with a focus on the...

This article examines the pattern, composition and trends in Australia-Philippine trade from 1962-1981. Analysis points to three major results: the growth of bilateral trade despite both countries’ reduced importance in international trade, trade characterized by high levels of country bias...

The world-trading environment has witnessed the proliferation of regional trading arrangements during the last decade. This development has been accompanied by the perceived threat this may bring to the rules-based multilateral trading system. The Association of Southeast Nations (ASEAN), for...

This study attempts to generate an estimate of import smuggling using Philippine data on import trade. Through the development of microeconomic model, it tries to explain the level of smuggling activity in terms of factors impinging on the trader’s decision to engage in smuggling.

The Philippines does not have a comparative advantage in the domestic production of fertilizer. This is one of the thoughts conveyed by the article as it analyzes the government policies affecting fertilizer prices during the post-war period, with a focus on the policies after 1973. In addition,...

The discussion on Western and Eastern values has begun to take on emotional heat even in sedate conferences. Where a controversy rages, it is always useful to contribute any perspective that can help shed light. This paper is a call for other perspective that can help place the controversy on...

This paper identifies some of the key issues confronting the Asia-Pacific member-economies that arise from the discussions in the APEC forum. A brief review of existing labor flows within the APEC regions is presented. A discussion on how globalization and trade liberalization will impact on the...