Publication

The publication discusses the negative and positive effects of the trans-Atlantic free trade area (TAFTA) as it relates to economic liberalization. The author suggests that an informal market place, which facilitates trade between the US and UK, will reduce the likelihood of discrimination and benefit non-member economies located mainly in Asia. The report argues that, in the context of foreign direct investment, related service trade bilateral capital and trade flows have proved to be dynamic and more equitable than TAFTA trading.