The EC-1992 programme foresees the complete liberalization of trade in services among member countries. To what extent has import market penetration in the Community already begun in selected service industries? Which EC member countries have been the forerunners to date? The following paper...

During the recent Uruguay Round film and television software was a major field of conflict between the United States and the European Community, and it is easy to predict that this will continue for the rest of the decade. Are the markets for film and television software really dominated by...

"We identify a new set of stylized facts on the 2008-2009 trade collapse that we hope can be used to shed light on the importance of demand and supply-side factors in explaining the fall in trade. In particular, we decompose the fall in international trade into product entry and exit, price...