Variable: Freedom to Trade Internationally (current)

QoG Code: (fi_ftradeint)


Dataset: Economic Freedom of the World Dataset

Description:

The index ranges from 0-10 where 0 corresponds to increasing tax rate on international trade'',slow import or export process'', small trade sectors relative to the population and geographic size'',exchange rate controls are present and a black-market exists'', and restrictions on the freedom of citizens to engage in capital market exchange with foreigners'' and 10 corresponds tono specific taxes on international trade'', swift import or export process'',large trade sectors relative to the population and geographic size'', no black-market exchange rate'', andno restrictions on the freedom of citizens to engage in capital market exchange with foreigners''. The index consists of the following indicators: Taxes on international trade, Regulatory trade barriers, Actual size of trade sector compared to expected size, Difference between official exchange rate and black market rate, and International capital market controls.

Type of variable: Continuous

Downloaded by QoG on: 2023-11-21
Last updated by source: 2023-09-19


Categories:

Private Economy


Find this variable in:

Basic Cross-section - 2024 Basic Time-series - 2024 OECD Cross-section - 2024 OECD Time-series - 2024 Standard Cross-section - 2024 Standard Time-series - 2024 Original Dataset

Details of this variable in our compilations datasets
Dataset No. Countries
Basic cross-section: 163
Basic time-series: 167
Standard cross-section: 163
Standard time-series: 167
OECD cross-section: 38
OECD time-series: 39

Dataset Available for years:
Standard time-series: 1970-2021
Basic time-series: 1970-2021
OECD time-series: 1970-2021

This variable has information for these countries:

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