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The logic for multilateral cooperation in trade and beyond becomes stronger, not weaker. A new governance forum will emerge, where negotiating will take place in country clubs instead of among members at the WTO. However, by breaking protocol, the US president has gained substantial bargaining...
Persistent link: https://www.econbiz.de/10011929843
The authors analyze the economic consequences of the Economic and Trade Agreement (ETA) between China and the USA, also referred to as the Phase-I Deal, which was signed on January 15, 2020. It is a highly asymmetric treaty which commits China to open its markets and to purchase large quantities...
Persistent link: https://www.econbiz.de/10012151152
Following the upcoming U.S. elections, the EU should prioritize defending the multilateral trade system, as a collapse in global economic cooperation could impact Europe up to four times more than direct U.S. tariffs alone. Potential U.S. trade policies under either a Harris or second Trump...
Persistent link: https://www.econbiz.de/10015083502
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Since June 2007, the EU and India have been negotiating a comprehensive free trade agreement, but negotiations broke down in 2013. Nevertheless, both sides have expressed their desire to revive talks on the Broad-based Trade and Investment Agreement (BTIA). To quantify potential economic...
Persistent link: https://www.econbiz.de/10011763766
Since June 2007, the EU and India have been negotiating a comprehensive free trade agreement, but negotiations broke down in 2013. Nevertheless, both sides have expressed their desire to revive talks on the Broad-based Trade and Investment Agreement (BTIA). To quantify potential economic...
Persistent link: https://www.econbiz.de/10011638115
Persistent link: https://www.econbiz.de/10015203048
Persistent link: https://www.econbiz.de/10014520714
Nachdem die Verhandlungen zu einem institutionellen Rahmenabkommen zwischen der Schweiz und der EU wegen politisch-institutionellen Uneinigkeiten abgebrochen wurden, stellt sich die Frage, ob die bilateralen Beziehungen angesichts der gemeinsamen Interessen nicht primär im wirtschaftlichen...
Persistent link: https://www.econbiz.de/10014229172
This paper characterizes analytically the optimal tariff of a large one-sector economy with monopolistic competition and firm heterogeneity in general equilibrium, thereby extending the small-country results of Demidova and Rodriguez-Clare (JIE, 2009) and the homogeneous firms framework of Gros...
Persistent link: https://www.econbiz.de/10013124179