Devarajan, Shantayanan; Go, Delfin S.; Lakatos, Csilla; … - 2018
If trade tensions between the United States and certain trading partners escalate into a full-blown trade war, what … this trade war: (i) join the trade war; (ii) do nothing; (iii) pursue regional trade agreements (RTAs) with all regions … results show that joining the trade war is the worst option for developing countries (twice as bad as doing nothing), while …