Economics, Econometrics and Finance
4 years ago

ASEAN Trade Deal Boosts Regional Economies, Reshapes Global Commerce

SSRN Electronic Journal
The ASEAN Free Trade Agreement: Impact on Trade Flows and External Trade Barriers
Hector Calvo-Pardo, Caroline Freund, Emanuel Ornelas

Paper Summary

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The ASEAN Free Trade Agreement has influenced trade flows and reduced external trade barriers. The researchers analyzed the impact of this agreement on trade patterns and found that it has led to increased trade among ASEAN countries. They also discovered that external trade barriers have decreased as a result of the agreement.