On the Impact of the ASEAN Free Trade Agreement on Intermediate and Final Goods Trade in its Free Trade Zone

Against the background of economic globalization and suspension WTO Doha Round, regional free trade area cooperation has flourished all over world. This paper mainly examines difference between impact FTAs on intermediate final products, explores agreements formation networks. Taking China-ASEAN Free Trade Area (CAFTA) in East Asian production network as research object, this uses gravitational model introduces dummy variable CAFTA to establish a regression model, concludes that will promote development goods trade, but former is greater, because reduction barriers an amplifying effect trade. The conclusion provides theoretical basis for China further construction areas.