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Diane Publishing Books
Asian Regionalism & its Effects on Trade in the 1980s & 1990s
Ramon Clarete, Christopher Edmonds, & Jessica Seddon Wallack. Outlines the major preferential trade agreements (PTAs) in Asia & other regions & reviews trends in trade flows. Uses a model to estimate the effect of various PTAs on trade flows within & across membership groupings as well as the effect of PTAs on membersí trade with Asian countries. On the basis of these estimates, the report is able to categorize 11 major PTAs into those that increase intrabloc trade at the expense of their respective imports from the rest of the world; those that expand their respective trade among their members without reducing their trade with nonmembers; & those that reduce trade with nonmembers without significant changes in intrabloc trade. Also shows that PTAs have augmented trade in Asia.
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