Pasific Basin Market

TRADE POLICY AND ECONOMIC INTEGRATION

PACIFIC BASIN

PAHOLA ESPINOSA ORDOÑEZ JUAN SEBASTIAN QUICENO CALDERÓN JUAN ESTEBAN MARTINEZ LUIS MIGUEL ENCIZO

International business Faculty of economics and administrative sciences

Universidad CATOLICA POPULAR DEL Risaralda Pereira 2008

INTRODUCTION
This paper first explains the potential importance or pacific basin accession in the worldas a development region, and discusses the recent successful development models and the role of trades in their development. The aim of this paper is to provide an empirical analysis of Intra-Industry, naturally enough, concerned with either the determinants of trade patterns (such as productivity, or R&D), or their consequences (for e.g., employment). Again: nature of man- made trade barriers asan important cause of trade flows, but protectionism as in turn importantly affected by trade patterns that globalization brings in that area of the world Furthermore talks about the International trade showed as a very nature and general equilibrium phenomenon, and especially on the Pacific Basin. For instance, while searching and analysing all of the production and patterns we found that are bothimportant determinants of the development in that area of the world, and are also importantly determined by its geographic ubication. Those are the states that the region includes: China, Japan, Australia, New Zealand, Guam, Islands Marianas north, Polynesia French, Tokelau, Cook Islands, Fiji, Kiribati, , Micronesia, Nauru, Niue, Palau, Papua New Guinea, Samoa, Tonga, Tuvalu, Vanuatu, NewCaledonia, Marshall Islands, Solomon Islands, Wallis and Futuna Islands,

TRADE POLICY

In spite of the fact that the countries that shape the pacific basic historically have supported a socialist regime, at present these regions somehow have been opening your market; which we will want to analyze its current importance and the future trends with the possibilities of development that this regionoffers for the world and certainly for our region. In an individual way or according to particular characteristics of the regions we will analyze its trade policy. The Chinese constitution was founded and nowadays it continues being a socialist regime, which regulates and controls its market, this region has forecasts of transformation; China has come presenting an economic and cultural process ofopening, where all these cultural barriers with the western regions and up to with the oriental ones they are ruined, appearing to the world as a region with a potential high place so much to come to the rest of the world, as in order that the world comes there. Japan, Australia and New Zealand and we include to porcelain that they are very well developed countries. They are countries that have allthe advantages of technology, good education, and in the majority of cases a good social development; the islands of Pacific Ocean that are the countries that are less developed suffer social, economic problems (health, education, infrastructure, technology, etc.) Japan has handled political protectionists who have allowed them at moments of crisis to recover and to be competitive before theworld, a concealing strategy that they aid to grow as much commits like externally, despite Japan's trade policy continues to be to ensure long-term prosperity and growth by promoting business activities in Japan and the international market. In Japan powerful politicians and bureaucrats have the power, there emperor this one directly related to emperor who is AKIHITO, he supports your throne as asymbol of national unit; An important very important fact is that Japan recovered he become an economic power and an important ally of the USA, after the crisis of Asia and the delay in the economy, Japan still leaves a principal power in Asia and in the world, Japan always it has been characterized for being a country with a commercial policy closed, but reasons

exist surfeits to manage to be...