Hayakawa, Kazunobu; Kim, HanSung; Yoshimi, Taiyo - Institute of Developing Economies, Japan External Trade … - 2015
This paper investigates how exchange rates affect the utilization of a free trade agreement (FTA) scheme in trading. Changes in exchange rates affect FTA utilization by two ways. The first way is by changing the excess profits gained by utilizing the FTA scheme, and the second way is by...