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A Note on East Asian Community : ASEAN+3 or ASEAN+3+3

一宏 井川

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Abstract

Japanese strategies for East Asian Economic Community are discussed focused on ASEAN+3 and ASEAN+3+3. High-risk high-return in ASEAN+3 and low-risk low-return in ASEAN+3+3 might be compared alternatives. Benefits of Japan depend on benefits of ASEAN, because FDI to ASEAN from Japan is large. For Japan, extending bilateral FTA net is a basic requirement and promoting WTO liberalization is an eternal target, and regional FTA in between, especially East Asian Economic Community, is a present issue for international economic policy.

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Japanese strategies for East Asian Economic Community are discussed focused on ASEAN+3 and ASEAN+3+3. High-risk high-return in ASEAN+3 and low-risk low-return in ASEAN+3+3 might be compared alternatives. Benefits of Japan depend on benefits of ASEAN, because FDI to ASEAN from Japan is large. For Japan, extending bilateral FTA net is a basic requirement and promoting WTO liberalization is an eternal target, and regional FTA in between, especially East Asian Economic Community, is a present issue for international economic policy.

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Available abstract

Japanese strategies for East Asian Economic Community are discussed focused on ASEAN+3 and ASEAN+3+3. High-risk high-return in ASEAN+3 and low-risk low-return in ASEAN+3+3 might be compared alternatives. Benefits of Japan depend on benefits of ASEAN, because FDI to ASEAN from Japan is large. For Japan, extending bilateral FTA net is a basic requirement and promoting WTO liberalization is an eternal target, and regional FTA in between, especially East Asian Economic Community, is a present issue for international economic policy.

Key concepts: East Asia, International trade, Economic community, Liberalization, Economic integration, Business, Economics, International economics

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