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The Components of Free Trade Agreements and Their Effects on International Trade
- Author Moonhee Cho, Young Gui Kim, Kyong Hyun Koo, Hyeri Park and Hyeyoon Keum
- Date2020-06-12
We analyzes the effects that the components of FTA have on international trade. According to the empirical results, the more free trade agreements contain WTO+ and WTO-X provisions and the more legally enforceable these provisions are, the more bilateral trade increases. We also find that the effects of FTA's provisions on trade depend on the economic level of FTA partner countries.
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