Economics, Econometrics and Finance
8 years ago

EU Enlargement Sparks Trade Shifts Benefiting East Asian Economies

EU Enlargement and Its Impacts on East Asia
Hiro Lee, Dominique van der Mensbrugghe

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The EU is expanding, and this can affect East Asian countries' trade. A study used a model to see how this might impact the region. The overall impact on East Asia's economy is small, with some trade changes happening. East Asia could find new opportunities to sell goods in the EU. The study also looked at how making trade easier between the new EU countries and the existing ones could boost productivity.