Debates over proposals to liberalise international trade are often heated and acrimonious. They are often argued, in part, on the basis of projections of market conditions after the proposed liberalisation. These argument are often important in influencing trade policy decisions, yet their...

After a long debate on wine import tariffs, the Italian Parliament failed to ratify the Spanish- Italian trade agreement on December 17th, 1905. This decision - an unusual episode for a country with relatively low level of protection - left Spain and Italy without a bilateral trade treaty for an...

Después de un largo debate sobre los aranceles a la importación de vino, el 17 de diciembre de 1905 el Parlamento italiano no ratificó el acuerdo comercial entre España e Italia. Esta decisión, un episodio inusual para un país con un nivel relativamente bajo de protección, dejó a España...

En este estudio analizamos el acuerdo comercial entre la Unión Europea (UE) y el Mercado Común del Sur (Mercosur), y predecimos sus efectos sobre el comercio y el bienestar utilizando un modelo de gravedad estructural de equilibrio general. En un primer paso, estimamos el incremento en los...

Artículo de revista ; On 20 December 2020 the European Union (EU) and the United Kingdom (UK) signed a Trade and Cooperation Agreement (TCA) setting the terms on which trade relations between both areas will be based. This article describes the essential points of the agreement, in both the...

Artículo de revista ; In 2019 the European Union (EU) and the Latin American countries that make up the Common Market of the South (Mercosur) reached a political agreement to sign, ratify and implement a trade agreement between the two blocs. This agreement is expected to bring trade and...

This thesis analyzes the service dimension of the Central American Free TradeAgreement (CAFTA) and examines the challenges and opportunities which it entailson El Salvador, Guatemala and Honduras with a particular focus on the financialsector. CAFTA’s principal merits are seen to be the...

This paper provides a summary measure of the possible new commitments in the area of market access undertaken by the European Union and the United States, using the Trade Restrictiveness Index (TRI) as the tariff aggregator. Indicators such as the TRI, based on welfare theory, integrate economic...