The Components of Free Trade Agreements and Their Effects on International Trade

Moonhee Cho (), Young Gui Kim (), Kyong Hyun Koo (), Hyeri Park () and Hyeyoon Keum ()
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Moonhee Cho: Korea Institute for International Economic Policy, Postal: Building C, Sejong National Research Complex, 370, Sicheong-daero, Sejong-si,Korea, http://www.kiep.go.kr/index.do
Young Gui Kim: Korea Institute for International Economic Policy, Postal: Building C, Sejong National Research Complex, 370, Sicheong-daero, Sejong-si,Korea, http://www.kiep.go.kr/index.do
Kyong Hyun Koo: Korea Institute for International Economic Policy, Postal: Building C, Sejong National Research Complex, 370, Sicheong-daero, Sejong-si,Korea, http://www.kiep.go.kr/index.do
Hyeri Park: Korea Institute for International Economic Policy, Postal: Building C, Sejong National Research Complex, 370, Sicheong-daero, Sejong-si,Korea, http://www.kiep.go.kr/index.do
Hyeyoon Keum: Korea Institute for International Economic Policy, Postal: Building C, Sejong National Research Complex, 370, Sicheong-daero, Sejong-si,Korea, http://www.kiep.go.kr/index.do

No 20-12, World Economy Brief from Korea Institute for International Economic Policy

Abstract: 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.

Keywords: FTA; International Trade (search for similar items in EconPapers)
JEL-codes: A10 (search for similar items in EconPapers)
Pages: 4 pages
Date: 2020-06-12
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Citations: View citations in EconPapers (1)

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