Koyota, Kozo; Stern, Robert M. - Research Seminar in International Economics, University … - 2008
In this study, we use the Michigan Model of World Production and Trade to analyze the economic welfare effects of APEC … free trade, unilateral free trade for individual APEC members, and global free trade for all countries/regions covered in … sectors in each country/region. Nineteen APEC members are covered. The computational results suggest that APEC free trade …