How Long to Read The African Continental Free Trade Agreement: Welfare Gains Estimates from a General Equilibrium Model

How Long Does it Take to Read The African Continental Free Trade Agreement: Welfare Gains Estimates from a General Equilibrium Model?

It takes the average reader and 32 minutes to read The African Continental Free Trade Agreement: Welfare Gains Estimates from a General Equilibrium Model by Mr.Lisandro Abrego

Assuming a reading speed of 250 words per minute. Learn more

Description

In March 2018, representatives of member countries of the African Union signed the African Continental Free Trade Area (AfCFTA) agreement. This agreement provides a framework for trade liberalization in goods and services and is expected to eventually cover all African countries. Using a multi-country, multi-sector general equilibrium model based on Costinot and Rodriguez-Clare (2014), we estimate the welfare effects of the AfCFTA for 45 countries in Africa. Three different model specifications—comprising both perfect competition and monopolistic competition—are used. Simulations include full elimination of import tariffs and partial but substantial reduction in non-tariff barriers (NTBs). Results reveal significant potential welfare gains from trade liberalization in Africa. As intra-regional import tariffs in the continent are already low, the bulk of these gains come from lowering NTBs. Overall gains for the continent are broadly similar under the three model specifications used, with considerable variation of potential welfare gains across countries in all model structures.

How long is The African Continental Free Trade Agreement: Welfare Gains Estimates from a General Equilibrium Model?

The African Continental Free Trade Agreement: Welfare Gains Estimates from a General Equilibrium Model by Mr.Lisandro Abrego is 32 pages long, and a total of 8,064 words.

This makes it 11% the length of the average book. It also has 10% more words than the average book.

How Long Does it Take to Read The African Continental Free Trade Agreement: Welfare Gains Estimates from a General Equilibrium Model Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 44 minutes to read The African Continental Free Trade Agreement: Welfare Gains Estimates from a General Equilibrium Model aloud.

What Reading Level is The African Continental Free Trade Agreement: Welfare Gains Estimates from a General Equilibrium Model?

The African Continental Free Trade Agreement: Welfare Gains Estimates from a General Equilibrium Model is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy The African Continental Free Trade Agreement: Welfare Gains Estimates from a General Equilibrium Model?

The African Continental Free Trade Agreement: Welfare Gains Estimates from a General Equilibrium Model by Mr.Lisandro Abrego is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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