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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
Building on, and indeed ratcheting up, the rhetoric of the US election campaign, the new Trump Administration has signalled disruptive change to US trade relations. The not-yet-in-force Trans-Pacific Partnership was torn up on day one of the new presidential term, the future of NAFTA was thrown...
Persistent link: https://www.econbiz.de/10014123046
As the NAFTA Renegotiation potentially heads into the end-game, this note provides a brief back-of-the-envelope estimate of what is at stake to contribute to the understanding of the decision rule that is likely guiding Canada’s negotiators. It concludes that, on the basis of what is known...
Persistent link: https://www.econbiz.de/10014111224
The infrastructure for services trade analysis has improved considerably with the development of databases on services trade for modelling purposes by the World Bank in its Trade in Services Database; on Mode 3 commercial presence trade in the form of foreign affiliate sales (FAS) data sets; on...
Persistent link: https://www.econbiz.de/10012999636
The possibility of a Canada-China Free Trade Agreement has been under discussion for some time. China has reportedly offered to negotiate an FTA with Canada, although this has not been officially confirmed by the Canadian Government. A tentative step towards a negotiation was taken in the 2012...
Persistent link: https://www.econbiz.de/10013000757
The Trans-Pacific Partnership and Transatlantic Trade and Investment Partnership will impact on substantive market regulations in a wide a range of areas bearing on market access, both by establishing substantive new horizontal and sectoral standards and by establishing requirements regarding...
Persistent link: https://www.econbiz.de/10013003154
The US negotiating objectives in the NAFTA renegotiation feature a puzzle: the main body of the text is grounded in familiar concepts of rules-based trade, under which trade agreements establish an enabling framework but leave it to the private sector to decide what trade actually takes place,...
Persistent link: https://www.econbiz.de/10012949710
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