emergence of China as an exporting powerhouse. While research in economics had long acknowledged that trade with lower …-income countries could raise income inequality in Europe and the US, empirical estimates indicated only a modest contribution of trade … the unequal impacts of trade can manifest along different margins. Recent evidence from countries across Europe and the US …

of the British pound vis-a-vis the euro and led to considerable uncertainty about future trade relations between the UK …

affect labour markets in the EU, namely i) trade, ii) foreign direct investment, and iii) migration. A main conclusion of the … study is that trade and capital movements are very unlikely to lead to an equalisation of factor prices. Thus, strong …