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The Trump administration's swift exit from the TPP has clearly not killed the deal as the remaining signatories consider whether to move ahead without the United States. While the overall impact of the deal would be lower without the U.S., the 11 remaining countries are better off with a TPP11...
Persistent link: https://www.econbiz.de/10012954352
The Trump Administration has pursued a sharply different – and for its trade partners unsettling – trade policy from that followed by the United States in the postwar period. While much attention has been focussed on the oftentimes contradictory, oftentimes theoretically unfounded, and...
Persistent link: https://www.econbiz.de/10012888924
The mega regional trade agreements – the Trans-Pacific Partnership (TPP), the Transatlantic Trade and Investment Partnership (TTIP), the Regional Comprehensive Economic Partnership (RCEP), and the Trade in Services Agreement (TISA) – will impact on non-parties through a combination of trade...
Persistent link: https://www.econbiz.de/10013003153
This paper analyzes the impact of the Canada-Korea Free Trade Agreement on the basis of the published text and agreed schedule of commitments. We find that the Agreement reinforces existing patterns of comparative advantage between Canada (agriculture and resource-based sectors) and Korea (autos...
Persistent link: https://www.econbiz.de/10013005466
The results of the 1997 APEC cycle under the Canadian chair are assessed against the backdrop of the rapid expansion of APEC from the first meeting of Ministers from twelve Pacific rim economies in Canberra in 1989. By the time of the Vancouver meetings, the number of economies in APEC had...
Persistent link: https://www.econbiz.de/10013148559
This paper analyzes the impact of the Canada-Korea Free Trade Agreement on the basis of the published text and agreed schedule of commitments. We find that the Agreement reinforces existing patterns of comparative advantage between Canada (agriculture and resource-based sectors) and Korea (autos...
Persistent link: https://www.econbiz.de/10011568393
The Canada-United States-Mexico Agreement (CUSMA), as amended by the Protocol of Amendment signed December 10, 2019, represents a major overhaul of the now-dated 1994 North American Free Trade Agreement (NAFTA). However, it is unusual in that it has little traditional tariff liberalization,...
Persistent link: https://www.econbiz.de/10012848468
The computable general equilibrium model has become the workhorse tool for assessing the impacts of bilateral trade liberalization. This paper draws on recent experience within Foreign Affairs and International Trade Canada in modeling the impacts of potential free trade agreements with various...
Persistent link: https://www.econbiz.de/10014198214
This document assesses the economic impacts of a free trade agreement between Canada and Korea, using the Global Trade Analysis Project (GTAP) CGE model and version 6 of its database (base year 2001). Five alternative scenarios are simulated based on a range of assumptions concerning the...
Persistent link: https://www.econbiz.de/10014198217
Canadians will likely enjoy $2.1 billion in additional household income by 2035 as a result of the Canada-Korea Free Trade Deal (CKFTA), which entered into force January 1, 2015, according to a new C.D. Howe Institute report. In “The Canada-Korea Free Trade Agreement: What it Means for...
Persistent link: https://www.econbiz.de/10013030180