Free trade area in Asia
This reference discusses the debate on the impact of preferential trading agreements (PTAs) on trade creation and trade diversion, arguing whether they are building or stumbling blocks for multilateral trade liberalization. Analyzing inter-country, intra-Asia, and extra-Asia trade for each country and for different formations of Asia, this essay examines the internal dynamics for integration and proceeds to draw implications on the effects on regional and global welfare.
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Method and Material
Countrywise Trade Trends
Implications of Emerging
Main Findings and Suggestions for a Regional