Free Trade Deals Boosted by Rules of Origin, Reshaping Global Commerce
The article explores how trade agreements with specific rules can impact their success. By including certain rules about where products come from, even agreements that were initially rejected can become feasible. On the other hand, agreements that were beneficial without these rules can end up being worse off once the rules are added. This shows that the rules of origin can play a crucial role in the economic and political outcomes of free trade agreements.