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Boom in Bilateral Trade Agreements

Created on October 7, 2013

Boom in Bilateral Trade Agreements

Source: A New View of Asia

Free trade agreements have proliferated in the region over the last decade. There are now some 40 completed intraregional agreements and over 100 agreements with outside countries. The United States is party to only five—one of the factors that makes the 12-nation Trans-Pacific Partnership so important.