Efforts to estimate the effects of international trade on a country's real income have been hampered by the failure to … account for the endogeneity of trade. Frankel and Romer recently use a country's geographic attributes - notably its distance … from potential trading partners - as an instrument to identify the effects of trade on income in 1985. Using data from the …

In 1901, six Australian states joined together in political and economic union, creating an internal free trade area … international trade flows by studying changes in the "border effect" over this time. This is possible because Australian states … reported intra-Australian trade prior to 1901 and for eight years after federation. The results indicate that federation itself …

percent. To what extent can this collapse of trade be attributed to the tariff itself versus other factors such as declining …

trade sanctions as part of the effort to get China to allow the renminbi to appreciate more rapidly …

entirely on US aid. After changing its foreign exchange and trade policies in the mid-1960s, Korea saw a surge in exports to …

This survey reviews the broad changes in U.S. trade policy over the course of the nation's history. Import tariffs have … been the main instrument of trade policy and have had three main purposes: to raise revenue for the government, to restrict … imports and protect domestic producers from foreign competition, and to reach reciprocity agreements that reduce trade …