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Impact of Asia-Pacific Economic Cooperation (APEC) to the contemporary economy

Agnieszka Drews ()
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Agnieszka Drews: Nicolaus Copernicus University, Poland

No 148/2015, Working Papers from Institute of Economic Research

Abstract: Trade is one of the important aspects of economic policy in the contexts of the third wave of regionalism. It is proven by growing number of trading agreement between regions and what goes after, expansion of positive aspects of economic cooperation. The aim of this article is to describe liberalization of trade and its changes through the ages and also deep analysis of influence of APEC at world economy. In this document the secondary data analysis and review of available literature was used. Analysis let claim that regional integration groups, with APEC in between, have crucial influence at trade and foreign direct investment creation.

Keywords: interregional trade agreements; trade liberalization; regionalism; APEC (search for similar items in EconPapers)
JEL-codes: J51 F13 F42 N75 O11 O24 (search for similar items in EconPapers)
Date: 2015-06, Revised 2015-06
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Published in Problemy gospodarki swiatowej TOM V, edited by Ilona Pietryka, Institute of Economic Research and Polish Economic Society Branch in Torun, Torun 2015

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