THE IMPACT OF THE CHINA-PAKISTAN FREE TRADE AGREEMENT (FTA) ON THE ECONOMIC GROWTH OF PAKISTAN
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Abstract
This article examines the impact of the Free Trade Agreement (FTA) between China and Pakistan on the economic growth of Pakistan. The nature of this article is analytical, so archival data was retrieved from (UN COMTRADE Statistics).The Econometric Modeling is based on the Time Series data of Imports and Exports for the last 12 years, from 2008 to 2020, to assess the Impact of imports and Exports on Pakistan's economic growth. E-Views are used to analyze the data. Furthermore, the Short-term link between Pakistan's imports-exports and trade flows was evaluated using a Vector Autoregressive model (VAR) and a Cointegration test.The research concludes with policy suggestions based on a study of the China-Pakistan (FTA) and the overall impact of imports and exports on Pakistan's trade flows.
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