Economics, Econometrics and Finance
8 years ago

ASEAN-Korea FTA Leads to Decline in Indonesia's Trade Sectors.

1 view
JURNAL EKONOMI DAN KEBIJAKAN PEMBANGUNAN
TRADE CREATION DAN TRADE DIVERSION ANTARA INDONESIA DAN NEGARA-NEGARA ASEAN-KOREA
Tresna Ritaningsih, Dedi Budiman Hakim, Sahara Sahara

Paper Summary

The research looked at how a trade agreement between Indonesia and ASEAN-Korea affected trade flows. They found that instead of increasing trade, Indonesia's trading sectors actually decreased due to trade diversion. This means Indonesia's imports from non-member countries of ASEAN-Korea dropped by 68%.

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