Global Trade Analysis Project (GTAP)

The Global Trade Analysis Project (GTAP) is a research initiative that provides a detailed computer-based framework to analyze how global economies interact through trade, production, and policies. It uses comprehensive data to model the interconnectedness of countries' markets, allowing analysts to evaluate the potential impacts of changes like trade agreements, tariffs, or environmental policies. By simulating different scenarios, GTAP helps policymakers, researchers, and businesses understand the economic consequences of various decisions on global and regional scales, facilitating informed decision-making in international economic and trade strategies.