The article looks at how free trade agreements between the EU and countries like the US, Canada, and Armenia/Georgia/Moldova could affect Austria's economy. They used a computer model to simulate the impact of these agreements, focusing on reducing trade barriers. The study found that a potential agreement with the US would have the biggest impact due to the size of the US economy. Overall, the agreements would lead to positive effects on Austria's economy, mainly through increased investments and productivity gains. This would result in higher national income, wages, employment, and capital stocks for Austria.