Economics, Econometrics and Finance
4 years ago

Regional trade agreements boost food trade more than global agreements.

2015 Conference, August 9-14, 2015, Milan, Italy
Do the WTO and RTAs Promote Food Trade
Irfan Mujahid, Matthias Kalkuhl

Paper Summary

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The study looked at how global and regional trade agreements affect food trade. They used a model to analyze data and found that both the World Trade Organization (WTO) and regional trade agreements (RTAs) boost overall trade between countries, but only RTAs increase food trade. The WTO helps developing countries more than developed ones when it comes to food trade.