Canada-ASEAN FTA Expected to Boost Trade and Economic Growth.
The study looked at how a free trade agreement between Canada and ASEAN countries would affect trade and the economy. They used a computer model to predict the impact of reducing tariffs and other trade barriers. The results show that the agreement would lead to some increase in trade and small gains in welfare and GDP. This could be even better because it would reduce uncertainty and improve trade between Canada and ASEAN countries.