The Possibility of Indonesia and United Kingdom to Form Free Trade Agreement After Brexit
Endah Ayu Ningsih, Fithra Faisal Hastiadi, Risna Triandhari, Leo Mualdy Christoffel, Fitri Tri Budiarti
Endah Ayu Ningsih
Available Online September 2019.
- https://doi.org/10.2991/icot-19.2019.3How to use a DOI?
- Brexit, Free Trade Agreement, CGE model
- On June 23, 2016 held a referendum which resulted decision that United Kingdom or Britain determined to exit the European Union membership that we call Brexit. The exit of UK will absolutely impact UK’s trade with its trading partner including Indonesia. In connection with this issue we conducted a study to evaluate the possibility for trade cooperation between Indonesia and the UK with assumption that UK had officially left the European Union. By having the Game Theory model, the best strategy for Indonesia is by forming FTA with UK. Meanwhile for UK, based on the simulation, the alternative in forming FTA with Indonesia is the dominant strategy with positive output. The trade cooperation implication is not too significant for UK, so to drive the trade cooperation must be initiated from Indonesia.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Endah Ayu Ningsih AU - Fithra Faisal Hastiadi AU - Risna Triandhari AU - Leo Mualdy Christoffel AU - Fitri Tri Budiarti PY - 2019/09 DA - 2019/09 TI - The Possibility of Indonesia and United Kingdom to Form Free Trade Agreement After Brexit BT - International Conference on Trade 2019 (ICOT 2019) PB - Atlantis Press SP - 11 EP - 15 SN - 2352-5428 UR - https://doi.org/10.2991/icot-19.2019.3 DO - https://doi.org/10.2991/icot-19.2019.3 ID - Ningsih2019/09 ER -