scholarly journals Impact of ASEAN India Free Trade Agreement (AIFTA) on India's HS-85( Electrical goods) exports

2017 ◽  
Vol 13 (01) ◽  
Author(s):  
Parul Bajaj ◽  
Anuj Sharma
Keyword(s):  
Free Trade ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Product Lines ◽  
Product Categories ◽  
Trading Partners ◽  
Asean Countries ◽  
To Come

The trade agreement in goods between India and ASEAN became operational in January, 2010. The paper attempts an enquiry into the Tariff concession given to India by the ASEAN countries in the electrical goods sector and also attempts to identify product lines at HS 4 levels sub segments in the same where there could be possibility for the exports to increase due to tariff cuts in the significant product categories as the two regions become more important trading partners in times to come. The paper will also give an overview of the tariff cuts in the identified tariff lines given by the ASEAN nations to India.

The Investment Provisions of the Canada—United States Free Trade Agreement: A Canadian Perspective

1990 ◽  
Vol 84 (2) ◽  
pp. 394-443 ◽  
Author(s):  
Jean Raby
Keyword(s):  
United States ◽  
Free Trade ◽  
Free Trade Agreement ◽  
Bilateral Trade ◽  
Good Deal ◽  
Trade Agreement ◽  
Ronald Reagan ◽  
The United States ◽  
The World ◽  
Trading Partners

This is a good deal, a good deal for Canada and a deal that is good for all Canadians. It is also a fair deal, which means that it brings benefits and progress to our partner, the United States of America. When both countries prosper, our democracies are strengthened and leadership has been provided to our trading partners around the world. I think this initiative represents enlightened leadership to the trading partners about what can be accomplished when we determine that we are going to strike down protectionism, move toward liberalized trade, and generate new prosperity for all our people.On January 2, 1988, President Ronald Reagan of the United States and Prime Minister Brian Mulroney of Canada signed the landmark comprehensive Free Trade Agreement (FTA) between the two countries that already enjoyed the largest bilateral trade relationship in the world. The FTA was subsequently ratified by the legislatures of both countries, if only after a bitterly fought election on the subject in Canada. On January 1, 1989, the FTA formally came into effect.

scholarly journals The ASEAN Free Trade Agreement and Vietnam’s Trade Efficiency

2017 ◽  
Vol 13 (4) ◽  
pp. 192 ◽  
Author(s):  
Hai Thi Hong Nguyen ◽  
Thang Ngoc Doan
Keyword(s):  
Free Trade ◽  
Free Trade Agreement ◽  
Free Trade Agreements ◽  
Trade Agreement ◽  
Trade Agreements ◽  
Trade Volume ◽  
Large Space ◽  
Trading Partners ◽  
Efficiency Performance ◽  
Stochastic Gravity

This study employs a stochastic gravity model to estimate the efficiency performance of Vietnam’s trade with its main trading partners from 1995-2015. Trade efficiency is measured as the ratio of actual trade volume to the maximum likelihood. Moreover. it analyzes the effects of both natural and man-made trade barriers on trade efficiency. The empirical results suggest that the actual trade of Vietnam appears to be much smaller than a possible efficiency level and that there is large space for further progress. Export efficiency outweighs that of import. Vietnam’s ASEAN Free Trade Agreement membership has, in general, improved the trade efficiency, whereas tariffs and domestic devaluation have impaired it. Our findings lead to the recommendation that Vietnam should join more Free Trade Agreements and break down the man-made barriers.

scholarly journals Estimating the Impact of ASEAN China Free Trade Agreement on Indonesia’s Trade Balance

2019 ◽  
Vol 1 (1) ◽  
pp. 18-37
Author(s):  
Muhammad Arif Junaidi
Keyword(s):  
Gravity Model ◽  
Free Trade ◽  
Significant Role ◽  
Trade Balance ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Trade Flows ◽  
Insignificant Effect ◽  
Asean Countries ◽  
The Impact

Using trade flows data of ASEAN countries and China from 2002 to 2017, this studyestimates the impact of ACFTA on ASEAN countries and China’s trade balance in general,and also for Indonesia’s trade balance in specific by elaborating the impact of ACFTA onthe trade flows both exports and imports. Using the gravity model and estimating by OLSand PPML, this paper finds that the impact of tariffs elimination due to the implementationof ACFTA increased exports and imports for ASEAN countries and China in general, andfor Indonesia in particular. However, the aggregate trade balances of ASEAN membercountries and China is zero since the impact of ACFTA on imports offset the impact ofACFTA on exports. Tariff’s elimination due to the implementation of ACFTA on Indonesiashows a negative and statistically insignificant effect on imports and exports. Thus, tariffshave not played significant role on increasing Indonesia’s exports and imports. As a result,the impact of ACFTA on Indonesia’s trade balance cannot be quantified clearly since theimpact of tariffs on exports and imports are not significant.

Making Sense of U.S. Trade Policy: What Recent Negotiations Can Tell Us

2019 ◽  
Vol 113 ◽  
pp. 378-380
Author(s):  
Inu Manak
Keyword(s):  
Trade Policy ◽  
Free Trade ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Trade Agreements ◽  
Trade Relations ◽  
Making Sense ◽  
The North ◽  
Trading Partners ◽  
The U.S

U.S. trade policy is not what it used to be. Since the U.S. withdrawal from the Trans-Pacific Partnership in January 2017, Indo-Pacific trade relations have been in constant flux. It is not clear where U.S. trade policy will end up, particularly with regard to its relationship with China. However, the conclusion of two renegotiations of previous U.S. trade agreements can tell us generally about the new U.S. approach and what this means for our trading partners. I will discuss developments from the renegotiation of the Korea-U.S. free trade agreement (KORUS) and the U.S.-Mexico-Canada Agreement (USMCA) as a replacement for the North American Free Trade Agreement (NAFTA).

scholarly journals PERDAGANGAN BEBAS REGIONAL DAN DAYA SAING EKSPOR: KASUS INDONESIA

2010 ◽  
Vol 13 (1) ◽  
pp. 5-22
Author(s):  
Amalia Adininggar Widyasanti
Keyword(s):  
Free Trade ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Trade Agreements ◽  
Policy Recommendations ◽  
Intensity Index ◽  
Market Inefficiency ◽  
Export Competitiveness ◽  
Asean Countries ◽  
Export Product

Indonesia has involved in quite many regional trade agreements, since more than a decade ago. Theoritically, Free Trade Agreements (FTAs) are very beneficial to the countries, as resources are more efficiently allocated due to production specialization. However, presence of asymmetric information, market inefficiency, and economic distortion in the real world have led to a deviation of FTAs benefits from its theoritical framework. This paper studies whether Indonesian export competitiveness is improving after Indonesia involves in ASEAN Free Trade Agreement (AFTA) and ASEAN-Cina Free Trade Agreement (ACFTA). Export competitiveness are measured by some trade indicators, such as: trade intensity index, market share, export product dynamics, and RCA, for some Indonesian main export products. The indices are compared across ASEAN countries and Cina to reveal: (i) which products are gaining or losingcompetitiveness in ASEAN and Cina markets; and (ii) which countries are  becoming Indonesian main competitors in ASEAN and Cina markets. Additionally, this paper ends up with some policy recommendations that Indonesia should undertake to improve competitiveness of its products in ASEAN and Cina markets.JEL Classification: R11, F16Keywords: FTA, export competitiveness, Indonesia

scholarly journals A Gravity Model of Trade for Nicaraguan Agricultural Exports

2018 ◽  
Vol 37 (74) ◽  
pp. 391-428
Author(s):  
Medardo Aguirre González ◽  
Claudio Candia Campano ◽  
Lilliam Antón López
Keyword(s):  
Gravity Model ◽  
Free Trade ◽  
Free Trade Agreement ◽  
Free Trade Agreements ◽  
Trade Agreement ◽  
Ordinary Least Squares ◽  
Agricultural Exports ◽  
Determining Factors ◽  
Trading Partners ◽  
Gravity Model Of Trade

This research aims to find the determining factors of Nicaraguan agricultural exports. To carry out this study, the author formulated a Gravity Model of Trade (GMT) and then made an estimation using a version of Ordinary Least Squares (OLS) that incorporates a consistent covariance matrix estimator to correct the heteroskedasticity and autocorrelation effects. The data considered observations over twenty years and for twelve countries: eight have signed a Free Trade Agreement (FTA) with Nicaragua and four have not. The variables that significantly increased the flow of Nicaraguan agricultural exports are the following: Nicaragua’s trading partners’ population, Nicaragua’s Gross Domestic Product per capita (GDP pc), the Real Exchange Rate (RER), and Nicaragua’s trading partners’ GDP pc; however, the distance variable turned out to be significantly trade-inhibiting. Free Trade Agreements (FTAs) predominantly have significant effects.

A Household Level Analysis of the Pakistan–Malaysia Free Trade Agreement

2018 ◽  
Vol 53 (7) ◽  
pp. 1062-1085 ◽  
Author(s):  
Muhammad Aamir Khan ◽  
Qaisar Mehmood ◽  
Muhammad Zakaria ◽  
Muhammad Iftikhar ul Husnain
Keyword(s):  
Free Trade ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Household Level ◽  
Trade Model ◽  
Trading Partners ◽  
Trade Analysis ◽  
Global Trade Analysis Project ◽  
The Impact ◽  
Level Analysis

Pakistan and Malaysia have a significant bilateral economic relationship. The Pakistan–Malaysia Free Trade Agreement (FTA) was signed in 2007, and was implemented in 2008. Pakistan’s volatile exports to Malaysia never achieved a sustainable period of growth. Trade balance has not achieved significant changes even after 9 years of implementation of the agreement. With this backdrop, this study first quantifies the current FTA between Pakistan and Malaysia and then suggests changes that could be made to improve the outcome for Pakistan. A new global economic trade model is adapted to include more detailed information on Pakistan’s labor and household groups into the Global Trade Analysis Project (GTAP) database. This allows for a more detailed analysis of the impact of the FTA on Pakistan at the household level. The results show that there is win–win scenario for both Pakistan and Malaysia if both are able to renegotiate the current FTA to get the same tariff concession as awarded to each other’s trading partners.

scholarly journals DO REGIONAL TRADE AREAS IMPROVE EXPORT COMPETITIVENESS? - A CASE OF INDONESIA

2010 ◽  
Vol 13 (1) ◽  
pp. 5-22
Author(s):  
Amalia Adininggar Widyasanti
Keyword(s):  
Free Trade ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Trade Agreements ◽  
Policy Recommendations ◽  
Regional Trade ◽  
Intensity Index ◽  
Market Inefficiency ◽  
Export Competitiveness ◽  
Asean Countries

Indonesia has involved in quite many regional trade agreements, since more than a decade ago. Theoritically, Free Trade Agreements (FTAs) are very beneficial to the countries, as resources are more efficiently allocated due to production specialization. However, presence of asymmetric information, market inefficiency, and economic distortion in the real world have led to a deviation of FTAs benefits from its theoritical framework. This paper studies whether Indonesian export competitiveness is improving after Indonesia involves in ASEAN Free Trade Agreement (AFTA) and ASEAN-Cina Free Trade Agreement (ACFTA). Export competitiveness are measured by some trade indicators, such as: trade intensity index, market share, export product dynamics, and RCA, for some Indonesian main export products. The indices are compared across ASEAN countries and Cina to reveal: (i) which products are gaining or losingcompetitiveness in ASEAN and Cina markets; and (ii) which countries are  becoming Indonesian main competitors in ASEAN and Cina markets. Additionally, this paper ends up with some policy recommendations that Indonesia should undertake to improve competitiveness of its products in ASEAN and Cina markets.JEL Classification: R11, F16Keywords: FTA, export competitiveness, Indonesia

scholarly journals Impact of FTA on Trade in ASEAN and Australia Using Customs Level Data

2021 ◽  
Vol 36 (3) ◽  
pp. 437-461
Author(s):  
Shandre M. Thangavelu ◽  
Dionisius Narjoko ◽  
Shujiro Urata
Keyword(s):  
Free Trade ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Utilization Rate ◽  
Rules Of Origin ◽  
Asean Member ◽  
Preferential Tariff ◽  
Level Data ◽  
Asean Countries ◽  
The Impact

This study examines the impact of the Association of Southeast Asian Nations (ASEAN)-Australia-New Zealand Free Trade Agreement (AANZFTA) on Australian trade with a particular focus on imports from ASEAN member countries to Australia. We examine the AANZFTA’s utilization by ten ASEAN countries at the six-digit trade classification level from 2012 to 2016 using Australian customs data. We implement Ando and Urata’s (2018) and Hayakawa et al.’s (2014) framework of free trade agreement (FTA) utilization based on preferential tariff margins. We also account for overlapping FTAs that are likely to impact the AANZFTA’s utilization. The results indicate that preferential tariff margins positively impact FTA utilization. However, the results also indicate that the AANZFTA’s utilization rate across ASEAN countries is low relative to Australia’s bilateral FTAs with Malaysia, Thailand, and Singapore. We also find evidence that co-sharing rules of origin positively impact FTA utilization.

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