Free Trade Area Membership as a Stepping Stone to Development : The Case of ASEAN
This study investigates the economic
impacts of accession to the ASEAN Free Trade Area (AFTA) by
the new member countries of Cambodia, the Lao PDR, Myanmar,
and Vietnam. The trade policies of these countries are
examined, and a series of quantitative analyses were
undertaken to evaluate the impacts of accession. The results
showed that the static impacts of reducing tariffs against
ASEAN members are beneficial, although the magnitude of the