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Ms. Patrizia Tumbarello

Front Matter Page APD Authorized for distribution by Lazaros Molho Contents I. Introduction II. Benefits and Potential Risks of Regional Trade Integration Initiatives III. Selected Regional and Bilateral Trade Arrangements in the Asia and Pacific Region IV. The Gravity Model V. Econometric Results VI. Conclusions Tables 1. Preferential Trade Agreements in Force in the Asia and Pacific Region, February 2007 2. ASEAN Members: Simple Average Most-Favored-Nation Tariff Rates 3. Simple Average Most-Favored-Nation Tariff Rates 4. WTO