Development characteristics and the structure of intra-Asean trade
At the end of Chapter 5 it was seen that regional models of trade and development should enable a better co-ordination of production and domestic demand structures between the countries of a region. One way of bringing about such a co-ordination is by harmonizing tariff and trade policies among the countries involved. In Chapter 6 a model was presented that would enable an evaluation of the effects of mutually-agreed integration policies, e.g., the establishment of a free trade area, the institution of a common external tariff and the adoption of common exchange rate changes.
KeywordsPrivate Consumption Final Demand Import Demand Demand Variable Marginal Propensity
Unable to display preview. Download preview PDF.