To ask the Secretary of State for Business and Trade, whether his Department has updated its computable general equilibrium models to incorporate post-2024 trade flow data.
DBT uses data provided by the Global Trade Analysis Project (GTAP) for CGE modelling. The latest publicly available data is GTAP 11 with the latest reference year 2017. As a consortium member of the Project, we have early access to forthcoming newer versi...
Trade Agreements