This study examines the potential gains from a transatlantic zero-tariff agreement on trade in goods. The idea of deeper transatlantic economic integration has become more attractive in recent years. The hopes for an ambitious multilateral trade deal in the Doha Round negotiations have diminished;...

This study brings together two major sources of growth in the modern economy: trade and new ideas. Trade is a crucial process to improve economic specialisation and raise the productivity of economies. It is also a channel to diffuse technology and knowledge across countries. International...