favorable nor unfavorable implication for world trade; instead the balance of trade-creating and trade-diverting effects …

There is no doubt that the open multilateral trading system after World War II was a key ingredient in the rapid … economic development of the entire world. Especially in Hong Kong, Korea, Singapore, and Taiwan, exports increased dramatically … emerge as significant factors affecting world trade. This volume contains thirteen papers that analyze the tensions between …

favorable nor unfavorable implication for world trade; instead the balance of trade-creating and trade-diverting effects …