World trade is increasingly ruled by preferential trade agreements (PTAs), but their precise nature remains relatively … Trade Center and the World Bank. The data set covers 5,203 products, 199 reporters, and 239 partners, representing … approximately 97 percent of world imports in 2016. There are three main findings. First, PTAs have significantly widened the scope …

-supplying neighbor, Mexico. Real incomes in the rest of world would decline by 0.16 percent and in China by 0.38 percent because of trade …