The transatlantic trade and investment partnership (TTIP) is a comprehensive preferential trade agreement that is expected to significantly increase EU–US bilateral trade and investments. Negotiations are ongoing, so we use a scenario analysis to estimate the potential effects of TTIP under likely negotiated outcomes. In our main scenario, we assume a final trade deal where current tariffs are eliminated and non-tariff barriers are significantly reduced. We simulate the potential economic effects of TTIP using a CGE model. We find that US-Dutch bilateral trade doubles and this is translated into a positive but moderate effect on Dutch income of 1.7%.
De Economist – Springer Journals
Published: Mar 27, 2017
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