We offer a general equilibrium analysis of Brexit incorporating the state-of-the-art differences in productivity and firms' selection within manufacturing sectors à la Melitz (2003) and multinationals in services. Trade, output and average productivity diminish across most sectors in the UK and...

We offer a comprehensive general equilibrium analysis of the EU-Mercosur agreement considering tariffs, quotas, non-tariff measures in goods and services, as well as a usually neglected component, namely, government procurement. We use the well-known GTAP model and cover the results for 36...