On the Reactions to the Announcements of FTAs: The Empirical Evidence of Various Countries

Free Trade Agreements (FTAs) have played an important role in each economy. This research focuses on examining the connection between FTAs announcements and the trade situations of different economies, both developed and developing countries. Therefore, this paper will examine whether FTAs really affect the economies. The research also attempts to point out which industries are highly impacted by FTAs. The research helps investors proactively grasp the opportunities and take right decision to invest in right sectors.

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