OPEN REGIONALISM IN APEC: IMPACTS ON U.S. AGRICULTURE AND TRADE

William T. Coyle and Zhi Wang

No 20981, 1998 Annual meeting, August 2-5, Salt Lake City, UT from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: APEC's "open regionalism" calls for free-trade in APEC but with benefits also accruing to non-APEC members. This study shows that "open regionalism" provides strong incentives for non-APEC economies to also liberalize their policies to maintain competitiveness. Inclusion of agriculture is critical to total U.S. welfare gains because of current high protection rates in East Asia.

Keywords: Institutional and Behavioral Economics; International Relations/Trade (search for similar items in EconPapers)
Date: 1998
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