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Endnotes1 An organization that promoted international commerce and the reduction of trade barriers among member states from 1947–1994 2 World Trade Organization website, www.wto.org/english/thewto_e/whatis_e/tif_e/bey1_e.htm. 3 Estimated from Asian Development Bank's Free Trade Agreement Database: aric.adb.org/index.php. 4 www.bilaterals.org/article.php3?id_article=2453, 10 August 2006. 5 Southern Common Market. 6 Business Standard, India, 8 August 2006. Available: http://www.bilaterals.org/article.php3?id_article=5455. 7 In most cases of regional blocs, experts have attempted to analyze the impact of preferential/free trade agreements on the economies of member (as well as nonmember) countries. For example, eight systematic attempts have been made to analyze the impact of North American Free Trade Area (NAFTA) as summarized by the Congressional Budget Office (1993) and United States International Trade Commission (USITC) (1992). 8 Smarzynska, Beata Kasia, Resurrecting the Gravity Model: In Search of the Centre of International Trade, Mimeo, Yale University, p.4. 9 HS is the harmonized system of tariff classification. India has adopted the HS since 1987. The Brussels' Common Customs Classification Nomenclature (CCCN) has been replaced by the HS. Now the HS has been accepted internationally except in a few countries like Pakistan. 10 ASEAN Secretariat Website, 2005, http://www.aseansec.org/18098.htm. 11 http://www.bilaterals.org/rubrique.php3?id_rubrique=88. 12 Kumar, N. and Bhattacharya, S.K., 2001, Extending Bangkok Agreement to the Developed Countries in the Asia Pacific Region: An Indian Perspective. Paper presented at the Expert Group Meeting on the Revitalization of the Bangkok Agreement, UNESCAP, 29–30 October. 13 This simulation exercise is done by Sinha Roy, S. et al (2004), Complementarities and Potential of Intraregional Transfers of Investment, Technology and Skills in Asia. In Towards an Asian Economic Community: Vision of a New Asia. Edited by Nagesh Kumar, RIS and ISEAS, New Delhi and Singapore, 123–55. 14 www.webevents.bernama.com/ssig/index.php?option=com_content&task=view&id=3085. Download this Discussion Paper [ PDF 128.5KB| 32 pages ]. [previous chapter]
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