Free Trade Agreements Reshape Global Economy, Impacting Millions Worldwide
The article examines various free trade agreements' impacts on trade and development globally. It discusses the effects of free trade agreements on different countries and regions, such as the COMESA Free Trade Area, US-China trade relations, and US-Korea economic ties. It also analyzes the implications of trade policies like antidumping duties, agricultural trade trends, and the Generalized System of Preferences. The researchers assess the benefits and challenges of free trade agreements, including how they influence skill distribution and urban systems in international trade models. Additionally, the article explores the progression of regional trade blocks and the potential reasons for their formation.