Economic Assessment of Reducing Transatlantic Trade and Investment

This report provides an economic assessment of reducing transatlantic trade and investment barriers between the European Union and the United States. It explores the potential economic gains from a comprehensive trade agreement, emphasizing the significance of reducing non-tariff barriers. The analysis employs a computable general equilibrium (CGE) model to simulate various policy scenarios and their impact on GDP, trade flows, employment, and environmental sustainability. The findings suggest that an ambitious agreement could lead to significant economic benefits for both the EU and the US, with positive spill-over effects on the global economy. The report also examines the effects on specific sectors, labor markets, and CO2 emissions, providing a comprehensive overview of the potential consequences of transatlantic trade liberalization. This student contributed document is available on Desklib, a platform offering AI-powered study tools and a wealth of academic resources.