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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
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
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
This paper assesses the economic impact of the Canada-Korea Free Trade Agreement (CKFTA) on the basis of the published text and agreed schedule of commitments. We introduce new estimates of the impact of the services measures based on the extent to which they change the Services Trade...
Persistent link: https://www.econbiz.de/10013031415
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
After 26 years of trading under the North American Free Trade agreement (NAFTA), Mexico and its North American partners enter a new phase with the entry into force of United States-Mexico-Canada Agreement (USMCA) on 1 July 2020. This note quantifies the potential impact of the agreement on...
Persistent link: https://www.econbiz.de/10013249950
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
A versão em português deste artigo pode ser encontrada em: 'http://ssrn.com/abstract=2805049' http://ssrn.com/abstract=2805049.What impact may regulatory convergence, as promoted by the TPP, have on trade costs? To examine this question, the authors pay particular attention to Chapter 25 of...
Persistent link: https://www.econbiz.de/10012855360
The Trans-Pacific Partnership includes a chapter on regulatory coherence and measures to reduce trade costs arising from divergent standards. We review the substantive content of the TPP's measures in light of existing processes in international organizations addressing good regulatory...
Persistent link: https://www.econbiz.de/10012855736