ASEAN's Free Trade Agreements with the People's Republic of China, Japan, and the Republic of Korea: A Qualitative and Quantitative Analysis

Publication | March 2011
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Both quantitative and qualitative analyses suggest that having a free trade agreement with the Big Three—the People's Republic of China, Japan, and the Republic of Korea—will deliver the largest benefits for the ASEAN region.

Expanding trade with East Asia’s “Big Three” economic giants—the People’s Republic of China, Japan, and the Republic of Korea—offers a new potential source of growth for the Association of Southeast Asian Nations (ASEAN). The central objective of this paper is to qualitatively and quantitatively assess the different permutations of ASEAN’s free trade agreements (FTAs) with the Big Three. The two types of analyses both suggest that an ASEAN+3 FTA would deliver the largest economic benefits for the region.

Additional Details

Authors
Type
Series
Subjects
  • Regional cooperation and integration
Countries
  • Brunei Darussalam
  • Cambodia
  • China, People's Republic of
  • Indonesia
  • Korea, Republic of
  • Lao People's Democratic Republic
  • Malaysia
  • Myanmar
  • Philippines
  • Singapore
  • Thailand
  • Viet Nam

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