itself) to a sizable and statistically significant increase in trade between the member countries of EMU. In this paper, we … put the trade effect of the euro in historical perspective. We argue that the creation of the EMU was a continuation (or … strong evidence of a gradual increase in trade intensity between European countries. Once we control for this trend in trade …

. Unilateral decoupling of the EU from China (a doubling of trade costs) would reduce real income in the EU on average by 0 … decline by 1.4 percent (48.4 bn EUR). China would also lose from such a trade war, with real income declining by 1.3 percent …. Should the EU increase its trade barriers against all its non-European trading partners, real income in the Union would fall …

Directive and forthcoming General Data Protection Regulation; international negotiation of trade disciplines, most recently in … flows are costly and can hurt exports, especially of data-processing and other data-based services; international trade … privacy regulation. The way forward is to design trade rules (as the CPTPP seeks to do) that reflect the bargain central to …