Potential Effects from an EU–US Free Trade Agreement – Sweden in Focus
In this study the National Board of Trade analyses potential economic effects from a free trade agreement (FTA) between the EU and the US, with a particular focus on the effects on Sweden. The analysis is based on an economic simulation model over the world economy.
The results from the simulation indicate positive effects on trade and national income in both EU and the US. In particular, the results suggest an important increase in the bilateral trade between the EU and the US. Since import tariff levels in general are low between the two areas, the largest estimated gains from the simulation derive from reducing costs that arise because of differences in rules and standards in the EU and the US, so called non-tariff barriers (NTBs).
- Titel: Potential Effects from an EU–US Free Trade Agreement – Sweden in Focus
- Utgiven: 2012
- Språk: English
- Format: PDF
- Författare: Kommerskollegium
- Antal sidor: 30