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In recent years, debates on international trade policy have focused on the role of the World Trade Organization and the … two big political and economic powers - the USA and the EU. In this paper, the author, an expert in trade policy, argues … drive trade liberalisation. Also, the world's fastest growing economies are those Asian economies that have embraced free …
Persistent link: https://www.econbiz.de/10012724128
are under negotiation. The American policy of creating trade rules for decades to come without the involvement of China in … rulemaking may backfire. If China faces a choice of capitulation or exclusion, it may create a parallel trade and payments system …. The World Trade Organization (WTO) still has important assets: to convene/service meetings and to settle trade disputes …
Persistent link: https://www.econbiz.de/10013027067
. Meanwhile, China was not only the main target of this mechanism but the cases against this country showed a growth trend also …
Persistent link: https://www.econbiz.de/10011865556
We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs. A key feature of the model is that cartel discipline is endogenous. Thus, markets that appear segmented are strategically linked via the incentive compatibility constraint....
Persistent link: https://www.econbiz.de/10011781965
There has been great focus in the recent trade theory literature on the introduction of firm heterogeneity into trade models. However, these models tend to rely heavily on symmetry assumptions and assume melting iceberg transport costs as the only form of trade restrictions. Moreover, a standard...
Persistent link: https://www.econbiz.de/10009724992
There has been great focus in the recent trade theory literature on the introduction of firm heterogeneity into trade models. This introduction has highlighted the importance of the entry/exit decision of firms in response to changes in trade barriers. However, it is typical in many of these...
Persistent link: https://www.econbiz.de/10009726080
partners all over the world with special emphasis to developing countries. Besides geo-political aspects, the most important … Development Agenda"), already conditioned by the conflicting strategies of participating countries. As the world's major trading …
Persistent link: https://www.econbiz.de/10014050612
While the renegotiation of the North American Free Trade Agreement has received far more attention, a lesser-known U.S. trade deal has also been reworked. In April of 2017, President Trump proclaimed his displeasure with the Korea-U.S. Free Trade Agreement (commonly referred to as “KORUS”),...
Persistent link: https://www.econbiz.de/10014102809
Persistent link: https://www.econbiz.de/10012928926
The objective of the paper is to explore and give an overview of two central policy alternatives to improve the integration between the European Union and developing countries by removing barriers to trade: trade preferences and trade facilitation. After reviewing the relevant literatures and...
Persistent link: https://www.econbiz.de/10009229144