The emerging trade blocs of East Asia were stimulated by the evolution of the single market of the European Union and by the North American Free Trade Agreement (FTA) forged between Canada, Mexico, and the United States in the 1990s. The Asian financial crisis in 1997–98 and the deadlock in the Doha Round of trade negotiations for freer global trade led to numerous bilateral and multilateral FTAs; there were more than 40 FTAs in East Asia by May 2011. These developments in the integration of emerging economies have an impact on all countries, whether or not they are participat- ing in the new trade blocs of the Asia-Pacific region.
KeywordsNational Identity Economic Integration Free Trade Agreement Democratic Progressive Party North American Free Trade Agreement
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