The impact of international trade on a firm’s degree of specialization and income distribution is studied in a general … equilibrium framework in which firms engage in oligopolistic competition. International trade increases a firm’s degree of … specialization, but the number of goods a country produces may not change. Trade may lower the welfare of the scarce factor of …

Preferential trade agreements could lead to a reallocation of resources across sectors and countries. Production …, empirical evidence on South-South trade agreements is limited. The purpose of this paper is to fill this gap in the empirical …, and Uruguay over the period 1985-1998. We find that deepened preferential trade liberalization has fostered a reshaping of …