Table 9: Changes in GDP as a result of the CKFTA under Alternative Closures, Selected Regions, in 2001 US$ millions

 Labour & capital fixed (i) Labour flexible, capital fixed
(ii)

Labour fixed, capital flexible (iii)

Labour
and
capital flexible

(iv)
Central Scenario
(v)
  US$ % chUS$ % chUS$ % chUS$% chUS$ % ch
Canada 4600.064797 0.111557 0.0781,921 0.268815 0.114
Korea 1040.024653 0.152462 0.102,963 0.691 296 0.069
USA -564 -0.006-481 -0.005-448 -0.0041300.001-412 -0.004
EU -124-0.002-132 -0.002-85 -0.001-50.000-89 -0.001
Japan -72-0.002-84 -0.002-33 -0.001280.001-45 -0.001
Mexico 00.000-1 0.0001 0.000-20.000-20.000
Mercosur -32-0.004-30 -0.004-19 -0.002200.002-27 -0.003
Caricom -9-0.009-8 -0.007-7 -0.00720.002-8-0.008
Andean -4-0.0024 0.0015 0.002520.01810.000
China -92-0.008-86 -0.008-81 -0.007-36-0.003-86-0.008
India -39-0.008-40 -0.009-36 -0.008-35-0.007-37-0.008
Singapore 00.0001 0.0011 0.00140.00500.00
Australia -32-0.009-23 -0.006-21 -0.006 320.009-26-0.007
SACU -3-0.002-2 -0.006 -2 -0.001 4 0.004 -3 -0.002
ROW -154 -0.004-91 -0.002 -93 -0.002 257 0.007 -112 -0.003
Total -560 -0.002 478 0.002 202 0.001 5,336 0.017 266 0.001