Summary of the General Discussion on “Defending the Rule-based Trading Regime: The Multilateral Trading System at Risk and Required Responses”

Abstract

December 01 2019 Summary of the General Discussion on “Defending the Rule-based Trading Regime: The Multilateral Trading System at Risk and Required Responses” Author and Article Information Online Issn: 1536-0083 Print Issn: 1535-3516 © 2019 by the Asian Economic Panel and the Massachusetts Institute of Technology2019Asian Economic Panel and the Massachusetts Institute of Technology Asian Economic Papers (2019) 18 (3): 93–94. https://doi.org/10.1162/asep_a_00725 Cite Icon Cite Permissions Share Icon Share Facebook Twitter LinkedIn MailTo Views Icon Views Article contents Figures & tables Video Audio Supplementary Data Peer Review Search Site Citation Summary of the General Discussion on “Defending the Rule-based Trading Regime: The Multilateral Trading System at Risk and Required Responses”. Asian Economic Papers 2019; 18 (3): 93–94. doi: https://doi.org/10.1162/asep_a_00725 Download citation file: Ris (Zotero) Reference Manager EasyBib Bookends Mendeley Papers EndNote RefWorks BibTex toolbar search Search Dropdown Menu toolbar search search input Search input auto suggest filter your search All ContentAll JournalsAsian Economic Papers Search Advanced Search Lu Ming started the discussion by asking whether Fukunari Kimura, the author, viewed the current U.S.–China conflict as similar to or different from the U.S. conflict with Japan in the 1980s. Kimura responded that they are different because of two factors: (1) China's exceptional growth compared with Japan; and (2) the fact that Japan had to consider the implications of its economic policies for its national security policies since Japan was tied to the U.S. umbrella, whereas China is free to decide its trade policies from a pure economic perspective. Prema-chandra Athukorala cautioned that Kimura's support of free trade agreements (FTAs) should be preceded by investigations of whether they are worth the effort. More broadly, Athukorala argued that only 30 percent of world trade is in FTAs even though 70 percent of countries have FTAs. In response, Kimura argued that the small share of trade routed through FTAs is not... You do not currently have access to this content.