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The Trans-Pacific Partnership (TPP) agreement seems to have reached a crossroads : it could either be a building block toward achieving economic integration in Asia and the Pacific, or trigger the formation of two large trade blocs which will work independently of one another. When the...
Persistent link: https://www.econbiz.de/10011278104
According to simulation results, the formation of an FTA would substantially improve Koreas and Japans trade balances, while China would experience a sizeable increase in its trade deficit. This indicates that simple barriers (NTBs) within a short period of time is not a feasible approach for...
Persistent link: https://www.econbiz.de/10009363462
In this paper, we have focused on the effects of tariff reduction. A more comprehensive analysis - particularly, the one which considers the effects of preferential rules of origin - yet remains undone. And while economic considerations should be the logical starting point, political benefits...
Persistent link: https://www.econbiz.de/10009363470
This paper begins with a detailed analysis of the factors that led Koreas more open approach to FTAs, culminating in the officially stated intention of exploring a bilateral FTA with Chile. Korea and Chile have concluded preliminary talks and working-level negotiations are expected to begin in...
Persistent link: https://www.econbiz.de/10009365174