This short note tries to argue that distance is not necessarily harmful for trade. It is shown that there may be an … increase in the production and volume of trade if time zones of the trading nations are non-overlapping. This implies a … positive effect of distance on the volume of trade. It is also shown that exploitation of time zone difference raises welfare …

This paper argues that distance is not necessarily harmful to trade. It is shown that there may be an increase in the … production and volume of trade if time zones of the trading nations are non-overlapping. This implies a positive effect of … distance on the volume of trade in general and virtual trade in particular. It is also shown that exploitation of time zone …