Economics, Econometrics and Finance
4 years ago

Multilateral Free Trade Agreements Unlock Transformative Economic Growth Worldwide

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Sustainability
Economic Transformation and Sustainable Development through Multilateral Free Trade Agreements
Jaewon Jung

Paper Summary

The article discusses how free trade agreements can help countries develop sustainably by improving technology and skills. The researchers created a model to see how workers with different skills can benefit from new technologies. They found that these agreements can lead to higher productivity and economic growth by upgrading technology.

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