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This paper reviews the history of bilateral trade negotiations between Taiwan and the U.S. The question posed at the outset is: does bilateralism enhance or jeopardize multilateralism? The U.S.-Taiwan experience seems to suggest a grossly negative answer. Bilateral negotiations for market...
Persistent link: https://www.econbiz.de/10012473546
. Intuitively, unilateral liberalization by one country has the effect of increasing the incentives for the export lobby in the …
Persistent link: https://www.econbiz.de/10012469067
I examine the hypothesis that membership in the World Trade Organization (WTO) and its predecessor the General … use a comparable multilateral data set. There is little evidence that membership in the GATT/WTO has a significant … covering annual bilateral trade flows between over 175 countries between 1950 and 1999, and estimate the effect of GATT/WTO …
Persistent link: https://www.econbiz.de/10012468487
We consider a 3 country world in which each country's import market is served by competing exporters from its 2 trading …
Persistent link: https://www.econbiz.de/10012472903
turn reduces trade flows and real income for consumers. We apply the model to analyze China's export boom around its WTO … theory-consistent measure of TPU and estimate that it can explain between 22-30% of Chinese exports to the US after WTO …We assess the impact of U.S. trade policy uncertainty (TPU) toward China in a tractable general equilibrium framework …
Persistent link: https://www.econbiz.de/10012459285
has transformed the country from a negligible player in world trade to the world's second largest exporter, as well as a … of Chinese trade, its macroeconomic implications, trade disputes with other WTO member countries, and the role of foreign …
Persistent link: https://www.econbiz.de/10012463931
export-sector workers and more attractive to import-sector workers, eventually making workers unanimous either in favor of or …
Persistent link: https://www.econbiz.de/10012465184
This chapter (to appear in the forthcoming Handbook of International Economics, Vol. 5) develops a framework with which to interpret and survey answers to the question: how does increased openness affect aggregate welfare in a typical developing country? We decompose answers into four...
Persistent link: https://www.econbiz.de/10012629534
in all world markets and to help secure 20 percent of the Japanese semiconductor market for foreign firms within five … 'affirmative action' for the industry in its efforts to sell more in Japan, but has been criticized as constituting 'export …
Persistent link: https://www.econbiz.de/10012474180
our theoretical results to China's 2001 WTO accession, we find that China's tariff reductions exceeded reciprocity norms …We formalize the GATT/WTO principle of reciprocity in workhorse quantitative trade models, characterizing reciprocal …, increasing real incomes but amplifying the manufacturing employment dislocation - the China Shock - in the United States and …
Persistent link: https://www.econbiz.de/10015056161