This paper delves into the relationship between trade and competition, which has long been a subject largely untouched since the issue had been dropped from the multilateral trade agenda in 2003. The need to incorporate elements of competition policy into international trade rules has long been discussed in the context of making the international trade regime more effective. The issue has gained ...

East Asian Countries has developed the financial cooperation via CMIM, ABMI after the Asian currency crisis. Lee and Park 2014) and Rhee and Sumulong (2014) advocate the use of local currencies in trade settlements. The regional currency settlements will reduce the USD dependency in the regional economy, so it will promote financial stability in the region. But they might induce risks for Korean ...