Shift in Japanese policy towards preferential trade agreements and its impact on foreign merchandise trade

Authors

  • Pawel Pasierbiak

Keywords:

Japan, regional economic integration, preferential trade agreement, foreign trade

Abstract

The article examines whether Japan’s involvement in preferential trade agreements (PTAs) has benefited the country’s foreign  merchandise trade. At first reluctant, from the beginning of 21st century Japan has become active in signing PTAs. The research confirms positive effects of PTAs on Japan’s foreign trade. After PTAs had been entered into force, Japan’s exports to partner countries improved. Although Japan currently runs a trade deficit with PTA countries in aggregate, positive trends in the trade deficits with individual countries are observed. Arguably, Japan will achieve a total trade surplus with PTA countries in the foreseeable future if the positive trend continues.

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Published

2016-12-30

How to Cite

Pasierbiak, P. . (2016). Shift in Japanese policy towards preferential trade agreements and its impact on foreign merchandise trade. The Journal of Contemporary Issues in Business and Government, 22(1), 51–68. Retrieved from https://cibgp.com/au/index.php/1323-6903/article/view/117

Issue

Vol. 22 No. 1 (2016): The journal of contemporary issues in business and government

Section

Articles

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