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Written Answers — Department of Jobs, Enterprise and Innovation: Transatlantic Trade and Investment Partnership (14 Jul 2015): Richard Bruton: ...the freedom to trade, we have first-hand experience of how trade liberalisation has continually shaped and reshaped our economy. The Copenhagen Economics study should also inform our policy responses as a result of TTIP. Some of these may arise from sector impacts that have been identified in the Copenhagen Economics study. We have used openness to trade in the past, and will continue...
Written Answers — Department of Jobs, Enterprise and Innovation: Transatlantic Trade and Investment Partnership (14 Jul 2015): Richard Bruton: ...same model and methodology as the CEPR study, to facilitate direct comparison. The CEPR and Copenhagen Economics studies use a computable general equilibrium (CGE) model to simulate the impact of TTIP. These are standard tools for trade economists that create a computerised simulation of the world economy and model what happens when changes are introduced. The CGE model is...

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