<![CDATA[This study aims to analyze whether the trade balances of each ASEAN 6 member country, in both intra- and global trade, can reach a steady state and converge among countries within the region. ASEAN 6 consists of ASEAN member countries with relatively large and developed economies. The data used is secondary panel data sourced from UNCTAD, ASYB, and BI. The analytical model will be selected by selecting the most appropriate method from the Common Fixed Effects Model (FEM) and the Random Effects Model (REM). The results showed that each ASEAN 6-member country reached a steady state in its trade balance, but at a different steady state for each member. This indicates that there is no convergent pattern in trade balances among the ASEAN 6 member countries. Even the disparity in the trade balance between these countries, both in intra- and global trade, shows divergent patterns among member countries within the region.]]>
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