Estimating the Impact of the Indo-ASEAN Free Trade Agreement on India’s Balance of Trade

Ranajoy Bhattacharyya · Avijit Mandal

14 citations0/0 files storedRePEc: Research Papers in Economics

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Global trade and economics Global Financial Crisis and Policies Indian Economic and Social Development

Abstract

India signed a Free Trade Agreement with ASEAN on 13th August, 2009. In this paper we analyze one aspect of the possible impacts of the FTA that on India’s Balance of Trade. It is found that the impact of the agreement on India’s balance of trade is expected to be negative. India’s imports will rise significantly, however there will be no commensurate rise in India’s export to these countries except to Indonesia.

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2008New measures of trade creation and trade diversion 1995India: macroeconomics and political economy, 1964-1991 1997Why Do Countries Seek Regional Trade Agreements?2016Trade and Welfare in General Equilibrium 2008Recent Regional Agreements: Why So Many, Why So Much Variance in Form, Why Coming So Fast, and Where Are They Headed?2004An aggregate import demand function for India: a cointegration analysis 1991An Exact Measure of Welfare Change 2007Trade Creation and Trade Diversion in the North American Free Trade Agreement: The Case of the Agricultural Sector

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