Title:
ECONOMIC IMPACT OF REDUCING IMPORT RATE TOWARDS A FREE TRADE AGREEMENT INDONESIA-TURKEY

Authors:
Alya Nabila Syam, Guntur Riyanto, Tetuko Rawidyo Putro, Indonesia

Abstract:

The purpose of this paper to analyze the effects of reducing import rate towards a free trade agreement (FTA) between Indonesia-Turkey which is still ongoing. This study method uses secondary data-analysis using software Global Trade Analysis Project (GTAP) version 8 and the source of data obtained from database on GTAP. The results shows that based on two simulations carried out both partial and full liberalization, Indonesia got better results than Turkey both macroeconomic and sectoral output.