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Feature Article
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10 AUG 2011
Do Free Trade Agreements Matter? Evaluating the Impact of FTAs on Singapore's Domestic Exports of Goods
Do Free Trade Agreements Matter? Evaluating the Impact of FTAs on Singapore's Domestic Exports of Goods
DO FREE TRADE AGREEMENTS MATTER? EVALUATING THE IMPACT OF FTAs ON SINGAPORE’S DOMESTIC EXPORTS OF GOODS
Singapore is a small, open economy, highly dependent on external demand. In 2010, external demand accounted for nearly three-quarter of Singapore’s total demand. Singapore’s dependence on trade means that trade barriers erected by other countries result in significant welfare losses for Singapore.
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Click here for the full article.