favors the country that supplies the most liquid assets. In such a setting, trade liberalization magnifies the gap in …

This paper attempts to build up a Heckscher-Ohlin-Samuelson model of production and trade where capital is introduced … trade only nominal factor prices. International financial flows will not alter pattern of trade, but movement of labour and … much more than before. Introducing finance affects trade patterns with unemployment and especially with imperfect credit …

This paper examines the relationship between financial development, CO2 emissions, trade and economic growth using … is evidence of bidirectional causality between CO2 emissions and economic growth. Economic growth and trade openness are … interrelated i.e. bidirectional causality. Feedback hypothesis is validated between trade openness and financial development …