since the Uruguay Round (1986 to 1994). It would create a free trade zone covering 45% of world GDP. However, critics … gains for Germany (3.5%), Europe (3.9%), and the world (1.6%), but that it could also harm third countries …

Asia accounts for more than 30% of world GDP and contributes half of the global growth in recent years. Despite high …

export their goods and whether to use imported intermediates. The model highlights mechanisms whereby import policies affect … counterfactual experiments to assess quantitatively the positive and normative effects of barriers to trade in import and export …. Furthermore, because of import and export complementarities, policies which inhibit the importation of foreign intermediates can …

. Firms import intermediate inputs from home or foreign suppliers, but with higher costs in the latter case. Due to fixed … the model with newly-compiled monthly aggregate U.S. import data and industrial production data going back to 1962, and …