
International Trade Agreements and Trade Volumes: Influence on the Economic Growth of Countries
Do trade agreements make countries grow faster? This study of ASEAN-6, USMCA and EU economies finds that trade openness alone is a weak predictor of GDP growth (r = 0.205, R² = 0.042). Trade agreements and rising trade volumes act as enabling conditions, not automatic drivers. Their benefits depend on a country’s development stage, institutions and wider economic conditions.








