although aside from the imposition of eliminating tariffs and other

trading barriers, this may result to reformations for domestic

economic policies that can either be beneficial in terms of their
economic efficiency, economic welfare and growth.
 
global economic efficiency on providing essential services and trading
foreign direct investments to other countries
 
, because aside from the imposition of eliminating tariffs and other
trading barriers, this would also create
 
because aside from imposing the elimination of tariffs and other
trading barriers, this also supports
 
 
 with respect to changes in international trade and follow-on
changes in output, employment and economic welfare
 the most prominent of these impacts concerns prospects for
greater trade in services and foreign direct invesment
 trade-related services like transportation and insurance tends to
be in favor of both US and its ASEAN FTA PARTNERS>
 FDI would expand proportioanlly wth increased bilateral trade
flows-- establishment of overseas sales and service faciltiies
 FTA liberalization of the economic policies == adopting more open
policies towards trade in services and especially FDI
 the ASEAN countries will attract greater export-oriented foreign
investments that will potentially further economic growth, the
modernization of teh services economy, and the transder of higher
levels of technology, know-how and labor and managements skills.
 might face reduced competition in ASEAN countries from servies
providers and multinational firms in the EU that could offer
potentially greater benefits for the ASEAN countries