Game analysis on regional liberalization of services trade—A case of China-ASEAN free trade area
Yuduo Lu, Dan Li
Abstract
Yuduo Lu, Dan Li
Abstract
Regional services trade has become an important part in regional economic cooperation. Taking example of China-ASEAN regional liberalization of services trade, this paper attempted to analyze the mechanism of regional liberalization of services trade by firstly introducing the foundation of China-ASEAN services trade, then pointing out that cooperation is the most effective way to realize regional service trade liberalization and also how to achieve regional services trade cooperation through negotiation with the method of game theory and bargaining model, on the basis of which, relevant suggestions and countermeasures were brought forward for the future development of regional liberalization of trade in services.
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Regional services trade has become an important part in regional economic cooperation. Taking example of China-ASEAN regional liberalization of services trade, this paper attempted to analyze the mechanism of regional liberalization of services trade by firstly introducing the foundation of China-ASEAN services trade, then pointing out that cooperation is the most effective way to realize regional service trade liberalization and also how to achieve regional services trade cooperation through negotiation with the method of game theory and bargaining model, on the basis of which, relevant suggestions and countermeasures were brought forward for the future development of regional liberalization of trade in services.
Key concepts: Free trade, China, International trade, Liberalization, Negotiation, International free trade agreement, Trade barrier, Trade in services