Popis: |
The purpose of the research is to seek for the key success factors of free trade agreements. And the result show: -FTA between countries with similar cultural background brings more benefits. But sometimes difference could be a plus. -Countries with more FTA signed benefit more while signing new FTAs. Other important factors include the sound institution and operational environment offered by a country. -FTA between geographically proximate countries benefits more. Also, FTA with country with good location that is closed to big markets brings more benefit. -Factors like the original tariff, quality of infrastructure, cost of human resources, and level of technology are the reasons that affect the benefits of FTA. |