Finding the right balance across EU FTAs: benefits and risks for EU economic sectors
Globally, anti-trade sentiment is on the rise, meaning it is incumbent upon policymakers to explore and explain the benefits of free and open trade. This study examines the costs and benefits of various free trade agreements (FTAs) that the EU has completed, will complete, or is contemplating. With regard to completed FTAs, the EU has seen benefits in terms of consumer choice but has a much larger and positive impact on its partners (although not as much as ex-ante modelling would suggest). For forthcoming or contemplated FTAs, the issue of non-tariff barriers must be considered for FTAs with developed economies to be a success, while comprehensive liberalisation with emerging markets improves trade and other outcomes for both the EU and its partner. Across all FTAs, trade and economic metrics are improved by an agreement while indirect effects (human rights, environment) are less likely to change. We conclude that the EU must continue its focus on comprehensive liberalisation, incorporating NTBs effectively into new agreements, while tempering expectations of influence on human rights.
Studio
Autore esterno
Christopher HARTWELL, Veronika MOVCHAN
Informazioni sul documento
Tipo di pubblicazione
Settore di intervento
Parole chiave
- accordo commerciale (UE)
- accordo di associazione (UE)
- accordo di cooperazione (UE)
- accordo di libero scambio
- America
- America centrale
- Asia-Oceania
- Canada
- Colombia
- commercio
- commercio internazionale
- commercio internazionale
- Corea del Sud
- costruzione europea
- GEOGRAFIA
- geografia economica
- geografia politica
- Giappone
- Indonesia
- Mercosur
- Messico
- negoziato di accordi (UE)
- organizzazioni extraeuropee
- ORGANIZZAZIONI INTERNAZIONALI
- Perù
- politica commerciale
- politica commerciale comune
- SCAMBI ECONOMICI E COMMERCIALI
- scambio commerciale
- UNIONE EUROPEA
- Vietnam