A recent literature explores the nature and causes of the collapse in international trade during 2008 and 2009. The …; quantities fell by more than prices; and prices fell less for differentiated products. Do these stylised facts apply to trade … what extent the trade collapses of the Great Depression and Great Recession resembled each other. It also compares the free …

something else mattered just as much: the opening up of the European economy to international trade. …

convergence. Focusing on the late nineteenth century, a period both of globalization and convergence, it shows that trade had an …

-biased technological change was due to a growth in ``Baconian knowledge'' and international trade. Simulations show that the model does a …

Trade theorists have come to understand that their theory is ambiguous on the question: are trade and factor flows … finds that policy-makers never behaved as if they viewed trade and immigration as substitutes. …

supply side at center stage, affording little or no role for demand or overseas trade. Recently, alternative explanations … have placed an emphasis on the importance of trade with New World colonies, and the expanded supply of raw cotton it … for 1760 and 1850. Neither claim is supported. Trade was vital for the progress of the industrial revolution; but it was …

(financial crises and regional wars) have had relatively little effect on the trade policy, but that shifts pose a greater … challenge to the system of open, ultilateral trade. …

Many previous studies of the role of trade during the British Industrial Revolution have found little or no role for … trade in explaining British living standards or growth rates.  We construct a three-region model of the world in which … find that while trade had only a small impact on British welfare in the 1760s, it had a very large impact in the 1850s …