By CHALIDA EKVITTHAYAVECHNUKUL
THE NATION
Trade between Thailand and Cambodia will fall at least 20-per-cent short of last year's US$2.13 billion (Bt70.64 billion), due to their roiling political conflict, a new study shows.
"Trade will decline 20 per cent, or roughly Bt14 billion, if the two countries respond to each other only by diplomatic means," Anusorn Tamajai, dean of Rangsit University's Faculty of Economics, said yesterday.
"But if the situation grows more intense until they end up closing the border, the trade loss will rise to 50 per cent. In the most serious scenario, in which the two countries go to war with each other, 90 per cent of the trade will disappear."
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