Comparative Advantage And China-Japan-South Korea Economic Integration

Through the efforts of China,Institutional cooperation in North Asia has been accelerated since the late 1990's especially entering in to 21st, which has broken through the old frame and changed the development thought of open regionalism. The progress of North-Asia integration has achieved. The economic integration of North-Asia or Asia, the regional denominated countries-China, Japan, South Korea are especially important, realized the three countries' economic integration, the Asia integration will follow easily. The thesis is on basis of comparable advantage,and study the trade-structure of the three countries as well as a comparable analysis of the trade relationship among the nations. And then point out their comparable advantage, analyze their completive and Relationship, we analysis the possibility and the necessity of economic integration from the aspect of realizing the efficiency of resources in bigger scope. This thesis consists of five chapters. The first chapter will introduce the background and the meaning of the study. And then analysis the correlative study about the comparative advantage-theory study and empirical study, the relationship between trade and economic growth as well as viewpoint in china and abroad. In the second chapter, we will give the theory basis of the economic integration, analyze the free trade how to influence the growth path of the three countries. The third chapter we analyze the trade structure of China-Japan, China-South Korea, study the comparative advantage. The forth chapter we point out the completion and supplement of the three countries, and study deep into this topic through giving an example study of America market. At last we give a general equilibrium analysis to quantitatively analyze the benefits of the three countries in the process of integration. And so we prove that we all benefit from the integration. The fifth chapter we analyze the blocks and problems of the integration. And give the advices. we will discuss the strategy of our country in the process of three countries' economic integration.