computable general equilibrium trade model calibrated with the latest version of the GTAP database to simulate the effect of … doubling non-tariff barriers - both unilateral and reciprocal - between the two blocks on trade and welfare. Imposing trade … to cooperate rather than turning away from each other. By imposing a trade war on Russia, the political West could …

We analyse trade between countries of the Council of Mutual Economic Assistance in Eastern Europe between 1950 and 1990 …. Despite central planning of the CMEA, we show that trade could be explained by standard demand factors surprisingly well. We … improved terms of trade with the rest of the world and the CMEA as a whole responded to the oil crisis by intensifying intra …