could undermine LAC's competitive advantage in some export markets. In this context, reduction of trade barriers and further …

Economic theory suggests that countries’ tariff commitments in trade agreements reflect their import market power at …-Uruguay Round applied tariffs and relying on the theoretical framework of the terms-of-trade motive for trade agreements, we …

This paper investigates the asymmetries in trade spillovers from sector-specific technology shocks in China to selected … euro area countries. We use a Ricardian-gravity trade model to estimate sectoral competitiveness in individual euro area … different specialization patterns. This raises the question of the distribution of gains and losses from external trade shocks …

This paper draws on the neoclassical theory of international trade to examine the limits of efficient export … among countries for determining the commodity composition of international trade flows under both certain and uncertain … international trade in financial assets as well as goods …

the consequences of trade when institutional differences are the source of comparative advantage among countries … things, that the less developed country may not gain from trade, and that factor prices may actually diverge as a result of … trade. Second, the paper provides empirical evidence of quot;institutional content of trade:quot; institutional differences …

In March 2018, representatives of member countries of the African Union signed the African Continental Free Trade Area … (AfCFTA) agreement. This agreement provides a framework for trade liberalization in goods and services and is expected to … welfare gains from trade liberalization in Africa. As intra-regional import tariffs in the continent are already low, the bulk …