APEC Trade and Investment Liberalization Boosts Economic Welfare Worldwide
This study looks at how foreign investments and trading with other countries can affect each other. They used a complex model to see how making trade and investment rules more open in APEC countries can impact their economies. The research found that when these countries trade more freely and allow more foreign investments, it can help improve their overall economic well-being. So, basically, when countries work together to trade goods and allow foreign investments, it can make everyone better off economically.