Petri, Peter A.; Plummer, Michael G.; Zhai, Fan - 2012
While global trade negotiations remain stalled, two tracks of trade negotiations in the Asia-Pacific--the proposed … provide pathways to region-wide free trade. We estimate that world income would rise by $295 billion per year on the TPP track …-wide free trade. The tracks are competitive initially but their strategic implications appear to be constructive: they generate …