Analysis on International Trade of CLM Countries (original) (raw)

Abstract

Since their accession to AFTA, trade volumes of CLM countries have being grownrapidly while their trade patterns and directions have significantly changed.Recognizing the importance of international trade in CLM economies, this studyattempts to analyze the trade patterns of CLM countries based the gravity model.The empirical analysis is conducted to identify the determining factors of eachcountry’s bilateral trade flows and policy implications for promoting their trade.

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