This book offers an independent, wide-ranging and in-depth analysis of a possible Free Trade Area between the EU and China. The design of the FTA is suggested to be 'deep and comprehensive', with extensive qualitative evidence in nine different domains of such a FTA, including investment. In...

We work with a panel of bilateral trade flows from 1988 to 2002, exploring the influence of infrastructure, institutional quality, colonial and geographic context, and trade preferences on the pattern of bilateral trade. We are interested in threshold effects, and so emphasize those cases where...

We compare three theoretical explanations for the positive empirical relationship between importer income per capita and traded goods prices. A first explanation is that consumers with higher incomes demand higher quality goods with higher prices. A second explanation is that wealthier people...