GREGORY, ROB; HENN, CHRISTIAN; MCDONALD, BRAD; SAITO, MIKA - In: Journal of International Commerce, Economics and Policy … 01 (2010) 02, pp. 165-181
We show that new trade restrictions implemented since the onset of the global financial crisis have had — in the limited products targeted — a strong distortionary impact on trade. Their aggregate impact is modest, however, as most countries have resisted a widespread resort to...