Economic Integration in Northeast Asia : Search for a Feasible Approach
AbstractAccording 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 economic integration in Northeast Asia. Therefore in creating the Northeast Asian Free Trade Area, we need to implement a strategy that will gradually lead to regional economic integration in the region.
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Bibliographic InfoPaper provided by East Asian Bureau of Economic Research in its series Trade Working Papers with number 21751.
Date of creation: Dec 1999
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economic integration; regional trade agreement; econoimc interdependence; Korea; China; Japan;
Find related papers by JEL classification:
- F02 - International Economics - - General - - - International Economic Order; Noneconomic International Organizations;; Economic Integration and Globalization: General
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
- F16 - International Economics - - Trade - - - Trade and Labor Market Interactions
- F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
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