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.
Estudo
Autor externo
Christopher HARTWELL, Veronika MOVCHAN
Sobre este documento
Tipo de publicação
Domínio de intervenção
Palavra-chave
- acordo comercial (UE)
- acordo de associação (UE)
- acordo de comércio livre
- acordo de cooperação (UE)
- América
- América Central
- Canadá
- Colômbia
- comércio internacional
- comércio internacional
- construção europeia
- Coreia do Sul
- GEOGRAFIA
- geografia económica
- geografia política
- Indonésia
- INTERCÂMBIOS ECONÓMICOS E COMERCIAIS
- Japão
- Mercosul
- México
- negociação de acordo (UE)
- organizações extra-europeias
- ORGANIZAÇÕES INTERNACIONAIS
- Peru
- política comercial
- política comercial comum
- trocas comerciais
- trocas comerciais
- UNIÃO EUROPEIA
- Vietname
- Ásia-Oceânia