Year of Graduation
Possible Impact of Regional Agreements between the North America and EU for Third Countries
The paper reveals the content and features of Mega-Regional Trade Agreements concluded within the Transatlantic region, especially: Transatlantic Trade and Investment Partnership (TTIP) between the EU and USA, Comprehensive Economic and Trade Agreement (CETA) between EU and Canada and Global Agreement between EU and Mexico. The focus is made on analysis of premises and background of integration processes, examination of contradictions between parties and assessment of possible impact of current agreements for BRICS, EAEU countries and, especially, Russia. GTAP model is used for quantitative assessment of impact. Based on the analysis conducted it is concluded that analyzed agreements will have negative impact of GDP and welfare of other countries. Although they will lead to unequal distribution of gains between participants of agreements and to system changes in the world economy.