the rising differential is due to "trade" -shorthand for greater openness in global markets and/or greater participation …

should respond to this, including increased use and improvement of programs of trade adjustment assistance. …

trade can be interpreted under certain assumptions as indicating the nature of the factor price adjustments that can, in a … specified sense, be attributed to that trade. This paper elaborates on the sense in which this result says anything about the … factor market effects of trade. It also examines several of the assumptions that were used by Deardorff and Staiger to …

fragmentation into simple theoretical models of international trade, the paper finds the effects of fragmentation on national … welfare, on patterns of specialization and trade, and on factor prices. Models examined include the Ricardian Model and the … terms of trade against it. 3. Even in a country that gains from fragmentation, it is possible (but not necessary) that some …

. The model for this purpose is the two-cone version of the Heckscher-Ohlin (HO) trade model, in which countries have … different factor prices even with free trade and in which they produce mostly different groups of goods. In that model, unlike … rich country. The paper argues that this will then lead to the rich country restricting trade. This in turn will lower the …

In this paper, we first describe the characteristics of the World Trade Organization (WTO) that are the basis of the … framework of the multilateral trading system. We then provide an overview of concepts of fairness in trade agreements …. Thereafter, we offer a critique of the efficiency criterion in assessing multilateral trade agreements, taking issue with T …