regions on the growth of world trade among major blocs over the last three decades. Existing work focuses on the impacts of … over the last three decades from our global general equilibrium model reduces world trade by 27% compared to actual world … trade in 2004 in our central case scenario. These results support the view that world trade among major blocs has became …

In this paper we assess the effects of the MFA/ATC using both world trade and US data after its removal. Previous …

In this paper we assess the effects of the MFA/ATC using both world trade and US data after its removal. Previous …

) existence can also be an issue. Here we use numerical simulation methods. We first consider world with service trade autarky in … removing period by period budget constraints for domestic consumers. In such a world, if nonzero tariffs apply to spatial trade … ongoing tariff negotiations. We then expand the model to capture a more complex world where costly intermediation services can …