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<p>This volume analyzes the economic effects of a prospective free trade agreement between the United States and Colombia. The study uses the Global Trade Analysis Project (GTAP) model of world trade and economic activity to analyze the expected trade and other economic impacts of the prospective FTA and to examine bilateral trade and investment flows, bilateral trade frictions, and implications of the prospective accords for the bilateral, regional, and global trade relations of the two countries. Policy Analyses in International Economics 79</p> <h3>Foreign Affairs</h3> <p>With global trade talks moribund, trade negotiators worldwideare turning their attention to bilateral and regional free-trade agreements. This latest Institute for International Economics offering intelligently and thoroughly assesses a next step in Western Hemisphere free-trade agreements, following on NAFTA and the Central American Free Trade Agreement (CAFTA): the U.S.-Colombian agreement that has been negotiated but not yet ratified by the respective legislatures. Schott correctly argues that although U.S. exporters and investors will benefit, the driving U.S. interests are broader: to catalyze further pro-

Author

Schott, Jeffrey J., 1949-

Publisher

Peterson Institute for International Economics

Published

2006

Language

EN

ISBN

9781282094093

Subjects

Business, Marketing, Political Science