East Asian Regionalism: The Role of Northeast Asian Nations
Regionalism began to emerge in East Asia just since the beginning of the new millennium. East Asian countries have been focusing on ways to expand intra-regional trade that includes the establishment of regional trade agreements (RTAs) in the form of free trade agreements (FTAs) and economic partnership agreements (EPAs). The trend towards regionalism has created a profound regional and indeed global significance (Harvey and Lee 2002). Japan, Korea, and China are regarded as the key actors for such action in East Asia.
KeywordsReal Exchange Rate Trade Strategy East Asian Regionalism Asia Pacific Economic Cooperation Reveal Comparative Advantage
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