Zhang, Yunling; Shen, Minghui - Asian Development Bank Institute, Asian Development Bank - 2011
Free trade agreements (FTAs) have become a prominent feature of the multilateral trading system and an important … proliferation of FTAs in east Asia benefits the regional trade and economic growth, questions have been raised about “Asian noodle … bowl” effect, pointing out multi-layered FTAs in east Asia have created new trade barriers and raised the cost of business …