Free Trade Agreements Reshape Global Trade Patterns, Boosting Economies
Free Trade Agreements (FTAs) impact how countries trade with each other. This study looks at how FTAs affect trade patterns by making trade easier through liberalization. It focuses on reducing tariffs, opening up markets, and overcoming trade barriers. The research is based on a report about economic and social progress in Latin America. The main findings show that FTAs can change how countries trade with each other, making it easier and more beneficial for them to do business together.