The Economic Effects of UK-Korea-Japan-EU Free Trade Agreement on Export, Import, and Welfare

Author(s):  
Chae-Deug Yi
2003 ◽  
Vol 11 (1) ◽  
pp. 31-44
Author(s):  
Kiyoshi FUJIKAWA ◽  
Takatoshi WATANABE

2007 ◽  
Vol 12 (Special Edition) ◽  
Author(s):  
Samina Shabir ◽  
Reema Kazmi

Factor endowments and cross country differences create regional disparities among states. The disparity in sizes between the Chinese and Pakistani economies can lead to the creation of trade patterns that can positively or negatively impact the latter’s economy. The present paper attempts to analyze the pros and cons of forming a Free Trade Agreement (FTA) with China given the size, structure and trade patterns of Pakistan’s existing economy. It also deals with the crucial questions of: Can the formation of an FTA with China benefit Pakistan? Will trade liberalization under an FTA with a neighboring country like China spur Pakistan’s trade and growth? Looking at trends and trade patterns of Pakistan, the potential of Pakistan’s existing economy is analyzed to enhance interregional trade and export diversification by further deepening cooperation with China. In the light of this analysis, the paper also outlines a number of recommendations to extract the maximum benefit for Pakistan’s economy from this recently signed FTA with an old economic partner, China.


2014 ◽  
pp. 68-87 ◽  
Author(s):  
A. Knobel ◽  
B. Chokaev

This paper investigates the possible economic effects of free trade agreement (FTA), implying a mutual zero import tariffs in the trade between the Customs Union and the EU. Analysis of the effects is made using CGE Globe v1 model. We estimate the impact of FTA on the economies, both at the level of the entire economy and at the industry level. The sensitivity analysis is made. It is shown that, in both relative and absolute terms, Russia potentially benefits from the agreement more than the EU. The cumulative gain of the CU is strictly positive, but the benefits and costs are unevenly distributed among its members.


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