Transaction costs are a major reason why international trade flows are much smaller than traditional trade theory would … suggest. Trust between trading partners lowers transaction costs and may therefore enhance trade. The empirical analysis of … this paper shows that more trust leads to more trade so that part of the mystery of missing trade can be attributed to the …

In this study, we investigate the dynamics of the trilateral trade relationship among the U.S., Japan and an emerging … the “triangular trade approach,” we explore how Japanese trade with and foreign direct investment to an emerging economy … affect its exports to the US market. We apply the trilateral trade approach to eight Southeast Asian countries, four American …

examines exchange-rate pass-through and external adjustment in the euro area. The impact on third-country trade and investment …

of trade to estimate a panel cointegrating relationship between real exchange rates and a set of fundamentals for a …-based real exchange rate and commodity terms of trade. The estimated impact of productivity growth differentials between traded …