Vietnam is said to have plenty of room for coffee exports to Japan, whose hot coffee market is anticipated to expand 4.2% during 2020 - 2025, according to industry insiders.
What can explain the small or even negative effects of regional trade agreements on trade? Using trade data between Japan and other 68 countries from 2002 to 2018, this column argues that RTAs reduce fixed costs for foreign direct investment more than exporters. This could have a negative effect on trade. A simulation exercise indicates that introducing RTA between Japan and