Developing countries face uncertain future as regional trade deals surge
The article discusses whether trade agreements between individual or groups of countries, called PTAs, help or hurt developing nations. The research looks at both theory and many studies to see the real effects of these agreements. These agreements can be good or bad for developing countries. The main suggestion for developing countries is to focus on making trade rules better globally, instead of just focusing on smaller agreements between a few countries. By improving global trade rules, developing nations may have better opportunities for growth and success.