題組內容

一、Taiwan is currently seeking to participate in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The CPTPP is a model of free trade agreement with high quality and high standards. In addition to the liberalization in goods trade, the agreement also covers the liberalization in services trade.

(一) Analyze diagrammatically the welfare impacts of participating in the CPTPP in terms of trade creation effect and trade diversion effect. (15 points)