regions on the growth of world trade among major blocs over the last three decades. Existing work focuses on the impacts of … over the last three decades from our global general equilibrium model reduces world trade by 27% compared to actual world … trade in 2004 in our central case scenario. These results support the view that world trade among major blocs has became …

(1994) and the GATS there is an incompatibility between measures of world trade in goods and services. Measures of goods … comparisons of services and goods trade, as in WTO (2007), are unsatisfactory. One can further argue that our perceptions of the …