Original post by Growngdp
Do you think free trade can boost economy????
You mean like being part of the EU?
Original post by MindMax2000
You mean like being part of the EU?
I mean being part of cptpp???
Original post by Growngdp
I mean being part of cptpp???
Theoretically, any free trade agreement would promote economic growth. How things pan out remains another issue.
It can often comes down to what does any particular country has to trade with and are there particular buyers willing to make the trade.
Issues like comparative advantages come into play, as well as balances of payments/trades.
I haven't looked into the CPTPP, so I haven't done any in depth analysis on the issue.
As each country has more than one export good to trade with, and there is strong dynamics in the commodities, currencies, and export markets, it's likely an indepth analysis is required along with some pain in the rear calculations that need a lot of data.
I am not sure if the above is a satisfactory answer, but if you want an indepth report you're better off googling for it.
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