A Pacific free trade area

Toward a Free Trade Area of the Asia Pacific

Asia Pacific Economic Cooperation (APEC) forum launched a process that could ultimately produce the largest single act of trade liberalization in history. They agreed to " seriously consider " negotiating a Free Trade Area of the Asia Pacific (FTAAP) and instructed their officials to " undertake further studies on ways and means to promote " the initiative so that they could address it at their...

Toward a Free Trade Area of the Asia Pacific

C. Fred Bergsten is the director of the Peter G. Peterson Institute for International Economics. He was assistant secretary for international affairs of the US Treasury (1977–81) and assistant for international economic affairs at the National Security Council (1969–71). He was chairman of APEC’s Eminent Persons Group, which developed the initial blueprint for the organization’s trade policy st...

Impact of ASEAN : China free trade area on trade flows

This paper estimates the impact of the ASEAN-China Free Trade Agreement on the trade flows between China and the ASEAN countries. A gravity model with FTA specification is used to estimate the treatment effect of ACFTA. Since there are other unobserved variables that correlate with both the trade flows between China–ASEAN and the decision to form ACFTA, a cross-sectional OLS regression runs the...

Pacific leaders move closer to free - trade pact

All those thinking about buying stocks on one of the national Stock Exchanges should consider consulting w ith one of the experts, Notre Dame’s assistant profes­ sor of finance, Robert Battalio. Battalio and two col­ leagues at Indiana University recently surprised in ­ vestors nationwide w ith the ir study exam ining p ro ­ gram s in Boston and on the C in c in n a ti reg io n a l exchange. St...

Trade Creation and Residual Quota Protection in a Free Trade Area with Domestic Monopoly