Endnotes
1The G3 includes the European Union, Japan, and United States (US).
2For the purposes of this paper, the term goods, unless otherwise specified, should hereafter be considered as
including both goods and services.
3European Union-15 (EU-15) refers to the European Union member countries prior to 1 May 2004: Austria,
Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal,
Spain, Sweden, and the United Kingdom.
4Note that unofficial trade between neighboring countries may equal or exceed official trade, particularly
between developing countries. Official export statistics, however, are likely to be more complete than import
statistics.
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The views expressed in this paper are the views of the authors and do not necessarily reflect the views or policies of the Asian Development Bank Institute (ADBI), the Asian Development Bank (ADB), its Board of Directors, or the governments they represent. ADBI does not guarantee the accuracy of the data included in this paper and accepts no responsibility for any consequences of their use. Terminology used may not necessarily be consistent with ADB official terms.
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