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Regional Trade Agreements for MERCOSUR: the FTA and the FTA with the European Union1 Josefina Montague Masada Watanuki2 October 2001 DRAFT FOR COMMENTS PLEASE DO NOT DISTRIBUTE WITHOUT THE AUTHORS
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Trade liberalization can lead to increased competition, lower prices for consumers, expanded markets for businesses, and improved economic growth.
Governments, businesses, and organizations involved in international trade may be required to report on the effects of trade liberalization.
The effects of trade liberalization can be filled out by analyzing data on trade volumes, market access, tariff reductions, and other relevant factors.
The purpose of reporting on the effects of trade liberalization is to assess the impact of trade agreements, policies, and regulations on the economy.
Information such as changes in trade volumes, market share, prices, employment, and economic growth may need to be reported on effects of trade liberalization.
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