Breaking the barriers: A study on the effects of selected free trade agreements

Date of Publication

2008

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Applied Economics

Subject Categories

Economics

College

Ramon V. Del Rosario College of Business

Department/Unit

Economics

Thesis Adviser

Ponciano S. Intal, Jr.

Defense Panel Member

Myrna S. Austria
Marvin Raymond D.Castell

Abstract/Summary

This paper examines the trade effects of Free Trade Agreements on a developing and a developed nation. This study used the data from the World Bank, which collaborated with the United Nations, Centre d' Etudes Prospectiives ed d'Informations Internationales (CEPII), International Monetary Fund and Organization for Economic Co-operation and Development (OECD). The countries examined are Canada and Mexico, Canada representing the developed nation and Mexico representing the developing country. This study used the panel estimation techniques namely Pooled OLS, Random Effects and the Fixed Effects Method. Estimation results show that free Trade Agreements have an effect on both developing and developed countries, although in a different manner. In the case of a developing country, agreements have a direct effect on trade and highly affect the developing country's trade. In a developed country's case, the agreements only enhance the comparative advantage, thus the indirectness of the effect.

Abstract Format

html

Language

English

Format

Print

Accession Number

TU16040

Shelf Location

Archives, The Learning Commons, 12F, Henry Sy Sr. Hall

Physical Description

82, xxxvii leaves, 28 cm.

Keywords

Free trade; Free trade--Canada; Free trade--Mexico; Commercial treaties

Embargo Period

4-22-2021

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