In this paper, we examine possible medium-term changes in EU trade policy, including the negotiation and implementation of Free Trade Agreements (FTAs) with regional entities like ASEAN and the NAFTA countries. We also examine the possible conclusion of the Doha Round of multilateral trade...

This issue paper, titled “Revisiting Regional Trade Agreements and Their Impact on Services Trade” written by Mr. Mario Marconini, is a contribution to that process. The paper exhaustively reviews services disciplines included in several Free Trade Agreements (FTA). The aim of the paper is...

We investigate the response of US trucking firms to the removal of barriers to crossborder trucking under NAFTA. This was done via a program implemented in 2007, cancelled in 2009, and reinstated in 2011. We find that, unsurprisingly, the program's start resulted in lower stock returns,...

Using US Census data for 1990-2000, we estimate effects of NAFTA on US wages. We look for effects of the agreement by industry and by geography, measuring each industry's vulnerability to Mexican imports, and each locality's dependance on vulnerable industries. We find evidence of both effects,...

The EU is about to conclude an FTA with Canada (CETA) which includes an investment chapter. A similar free trade agreement (FTA) will soon be concluded by the EU with Singapore and India. Moreover, the EU has obtained a negotiation mandate to conclude an FTA with Japan; very soon FTA with the US...

On September 12, 2006, the governments of Canada and the United States signed the Softwood Lumber Agreement 2006 (SLA 2006), hoping to end the longstanding dispute between the two countries on the issue of softwood lumber. Fearing liability for measures taken to give effect to the agreement, the...

This paper analyzes the international trade relations of the United States, Canada, and Mexico with the Trans-Pacific Partnership (TPP) member countries currently and historically in order to provide insights for TPP's future effects provided it potentially comes into force. Using a gravity...

Canada is developing a progressive trade agenda (PTA) that is pitched as a response to the rise of anti-globalization populism. This note reviews the concept of the PTA, its motivation, the specific elements that comprise it, the likely efficacy of these measures in addressing the factors...

This paper investigates the effects of signing a trade agreement on the correlations of the business cycle fluctuations of consumption, investment and output between two countries. We construct an international business cycle model with trade costs and we calibrate it to the United States and...