The Efficiency of ASEAN's FTA Strategy: Analysis on Products' Competitiveness and Complementarity
Hongbo Cai
Abstract
Hongbo Cai
Abstract
To target bilateral trade between ASEAN and China,Australia-New Zealand,South Korea,India,Japan,the paper analyses competitive advantages and complementary of both sides' trading goods by comparing trade intensity index,amended relative comparative advantage index,relative trade competitive index and trade complementary index,in order to make an effective evaluation on current ASEAN's FTA strategy and provide references for Asia-Pacific regional economic integration in future.
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To target bilateral trade between ASEAN and China,Australia-New Zealand,South Korea,India,Japan,the paper analyses competitive advantages and complementary of both sides' trading goods by comparing trade intensity index,amended relative comparative advantage index,relative trade competitive index and trade complementary index,in order to make an effective evaluation on current ASEAN's FTA strategy and provide references for Asia-Pacific regional economic integration in future.
Key concepts: Revealed comparative advantage, Complementarity (molecular biology), Comparative advantage, International trade, Index (typography), Intra-industry trade, China, Economic integration