000			01528nam a2200169 4500
999			_c510255 _d510255
008			190808b ||||| |||| 00| 0 eng d
100			_aKumar Gaurav _97932
245			_aSome common lessons from uncommon FTAs
260			_c2019
300			_ap.138-157.
520			_aThe present study endeavours to observe the trade creation and trade diversion effects of three free trade agreements (FTAs) in Asia, namely, India–Japan CEPA (IJCEPA), India–Sri Lanka FTA (ISFTA), and India–Bhutan FTA (IBFTA). The article aims to evaluate three uncommon FTAs that include developing–developed, developing–developing and developing–least developed countries. The objective is to evaluate the effects of these FTAs on exports and draw lessons for both the contracting parties and for other economies to commence FTAs that promote trade liberalization. This paper also aims to debunk the myth that FTAs between developing-least developed countries is not beneficial for the developing or least developed counterpart. The study applies augmented gravity model to capture the trade creation and trade diversion effects. The results confirm that ISFTA and IBFTA have trade creation effect, while in case of IJCEPA, there is trade diversion. These bilateral agreements can open the ways for multilateral trade liberalization in the long-run. - Reproduced.
650			_aForeign commerce - Asia _97933
700			_aBharti, Nalin _97934
773			_aSouth Asia Economic Journal
906			_aFree trade - Asia
942			_2ddc _cAR