This module covers how to understand and predict the impact of a Free Trade Agreement (FTA) on a country’s economy, including macro indicators like GDP and trade balance, as well as industry-specific effects. This includes evaluating the cost benefit analysis of a potential FTA.
What you will Learn
• Understand the significance and methodology of national feasibility studies for FTAs
• Examine the influence of FTAs on macroeconomic indicators like GDP and trade balance
• Understanding cost-benefit analyses for potential FTAs
• Use domestic sensitivity analysis to comprehend local economic dynamics and stakeholder interests
• Learn about different trade policies and how they impact FTAs