1、中文 2250 字， 1250 英文单词， 6800 英文字符 文献出处： Cheong I. Estimation of Economic Effects of FTAs in East Asia CGE ApproachJ. East Asian Economic Regionalism, 2005:139-155. ESTIMATION OF ECONOMIC EFFECTS OF FTAS IN EAST ASIA CGE APPROACH INKYO CHEONG 1.INTRODUCTION Despite political and social barriers, there
2、is much to be gained from an East Asian FTA. Factors such as geographic proximity, complementary endowments of production factors, and growing economic ties after the crisis will help in making this goal come true. East Asia accounts for one-third of the worlds population and one-fifth of the worlds
3、 GDP and trade volume. In terms of population and GDP, excluding the inflow of the FDI, East Asia is evaluated to have a similar economic potential as the EU and NAFTA. What benefits could an East Asian FTA offer member economies? As East Asia becomes a free market with the elimination of tariffs an
4、d non-tariff barriers, businesses will be able to expand exports and enjoy economies of scale. Moreover, the creation of a huge free market will bring dynamic benefits since the region will attract more foreign direct investment, which will subsequently create more jobs and facilitate the transfer o
5、f advanced technology. Other forms of dynamic benefits also exist. First of all, common standards for production technology, product regulations, distribution, and after-sales service can be expanded across countries in the region. Even if these standards are in conflict with the standards of North
6、America or the EU, the Asian countries can gain leverage during international standardizing negotiations by presenting a unified front, as suggested in Igawa and Kim (2001). The rapid emergence of China in discussions on Northeast Asian or East Asian economic cooperation is also a matter for consideration as East Asian countries need to strengthen cooperation with China. With Chinas admission into the WTO and its hosting of the Olympics in 2008, its economic and political position w
