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in & out trading barriers; intra trade development.
COMESA intra- trade is very weak, in 2011 intra trade was 8% of total (intra exports was 11% of total, intra imports was 5% of total).
They will be characterized by significant: in & out trading barriers; intra trade development.
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The rise of intra-trade refers to trade between countries with products of the same sector.
Intra-trade: The trade route to colonial links will become weaker as these nations become richer and make choices purely based on market factors.
Hypothesis 1: Shipping connectivity is positively correlated with intra-trade.
The data of the intra-trade and extra-trade of ASEAN were collected from ASEAN (The intra-trade and extra-trade of ASEAN).
As free trade agreements reduce the level of trade protection by eliminating tariff-based trade barriers, intra-trade volume is expected to increase with intra-trade agreements.
Intra-trade and extra-trade are also linked (with a correlation coefficient of 0.969).
Hence, shipping connectivity and intra-trade are proportional, i.e., s = {k}_i{t}_{i,} (3).
The results suggest that shipping connectivity affects both intra-trade and extra-trade.
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