ASEAN's Trade Pact Challenges Global System, Reshaping Economic Landscape
The article discusses how ASEAN countries balance regional trade agreements with the global trading system led by the WTO. It looks at the benefits of both regional integration and WTO membership for ASEAN nations. The study suggests that ASEAN should approach regionalism and multilateralism in a way that fits its specific circumstances. It also examines the European model of economic integration and how it influenced global trade rules. The research highlights the importance of considering ASEAN's unique realities when navigating regional and global trade arrangements.