MySheen

He runs so fast that Taiwan draws his sword and looks around!

Published: 2024-11-24 Author: mysheen
Last Updated: 2024/11/24, (Taiwan's TB News Network / reporter Liu Zhicheng) exports have been declining for seven years. Revitalizing the industry and strengthening exports are of course two prescriptions. In fact, the crux of the problem lies in the shrinking of the country's "economic territory." this focus is confused, and it is not easy for trade to revive and decline. "the classics.

He runs so fast that Taiwan draws his sword and looks around!

(Taiwan's TB News Network / reporter Liu Zhicheng) exports have been declining for seven years. Revitalizing the industry and strengthening exports are of course two prescriptions. In fact, the crux of the problem lies in the shrinking of the country's "economic territory." this focus is confused, and it is not easy for trade to revive and decline. "Economic territory" refers to the area where a country can trade freely with other countries in goods and services. The specific representatives are the TPP led by the United States and the RCEP initiated by the 10 ASEAN countries in recent years. These regional free trade agreements have sprung up so that the signatory countries can effectively promote each other's trade and investment through mutual tariff concessions, the removal of non-tariff barriers and the release of markets.

TPP and RCEP are regional multilateral trade agreements that the government wants to enter actively at present, but they both encounter a common problem, that is, the market for trade and investment is not open enough, trade only wants to go out but does not want to enter, and investment only wants to defend but not open, so the amount of trade that has signed free trade agreements accounts for only 7% of the total trade volume.

Improving the norms of international trade and investment is the trend of global regional trade. In terms of TPP, US President Obama made it clear in two speeches to Congress that he is no longer satisfied with the liberalization of trade in goods and services, but also includes trade-related regulations on international and domestic economic activities, including investment, environment, labor standards, government procurement, political and business relations, and domestic technical standards. As for RCEP, there is a strong demand for the complete removal of protection measures in agricultural markets other than rice.

According to the theory of international trade, regional trade arrangements have the positive effects of trade creation, but there are also negative impacts of trade transfer, with gains and losses, and it cannot be a tug-of-war that wins all. At present, the public opinion against the opening up of the market is running high, coupled with political manipulation for no reason, it is not easy to enter TPP and RCEP.

The shrinking economic territory has led to obstacles for industries to return for investment, and has also increased the sequelae. South Korea's 49 countries have signed free trade agreements, accounting for 43 per cent of their total trade, accounting for 43 per cent of their total trade. ○ 3, four have not yet entered into force, and seven in the negotiations are estimated to eventually account for 90% of their total trade. People run fast, but Taiwan still draws its sword and looks around. I don't know when it will wake up in the dream of shrinking economic territory.

 
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