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The ASEAN+3 Trading Bloc

Author

Listed:
  • D. Qiu, Larry

    (The University of Hong Kong)

  • K. Kwan, Yum

    (City University of Hong Kong)

Abstract

The ASEAN+3 proposal has attracted attention in Asia and the world. We argue that a free trade agreement (FTA) for ASEAN+3 is beneficial to all member countries due to three factors: (i) existing and expected vertical foreign direct investment linkage between Japan/Korea and ASEAN member countries, (ii) high expected growth rate of the Chinese economy, and (iii) the economic diversity among members of ASEAN+3 group.

Suggested Citation

  • D. Qiu, Larry & K. Kwan, Yum, 2010. "The ASEAN+3 Trading Bloc," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 25, pages 1-31.
    • Handle: RePEc:ris:integr:0495
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    Cited by:

    1. Tsung-Chen Lee (Correspondnce author) & Shiao-Wei Lo & Wen-Cheng Lin, 2017. "A Comparison Study on ASEAN-Japan and ASEAN-Korea Free Trade Agreements using CGE Model," Review of Economics & Finance, Better Advances Press, Canada, vol. 8, pages 79-95, May.

    More about this item

    Keywords

    ASEAN; free trade agreement; trade creation; trade diversion; foreign direct investment; trading bloc;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations

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