infinity and trade costs also go to infinity. We obtain this limit in the Armington, Eaton-Kortum, Krugman, and Melitz models …. In all cases, the trade of the SOE with the foreign countries approaches a finite limit, and the domestic expenditure …

escalation. Yet neoclassical trade theory - and modern Ricardian trade models, in particular - predict that welfare … tariff escalation increasing in the extent of downstream returns to scale. A quantitative evaluation of the US-China trade …

and domestic firms in a low-income host country. The US-Vietnam Bilateral Trade Agreement reduced US import tariffs on …

There are often conflicts between proponents of trade and environmental activists. This paper shows, however, how trade … agreements can be designed so as to motivate environmental conservation. I first analyze a standard trade model, where resource … exploitation (e.g., deforestation) is a trade-specific investment that causes environmental damage. In this model, traditional …

We examine US workers' employment and earnings before and after trade liberalization with China. Among workers …

We study the role of trade policy in one of the most pressing climate policy challenges that developing countries face …: meeting voluntary emission restraints (VERs). To do so, we develop a general equilibrium trade model that extends Caliendo and …, we focus on two groups of policies: those that are in the traditional realm of trade policy, related to tariff reform and …

How does the conduct of optimal cross-border financial policy change with prevailing trade agreements? We study the … joint optimal determination of trade policy and capital- flow management in a two-country, two-good model with trade in … welfare by departing from free trade in addition to levying capital controls, absent retaliation from abroad. However, time …