This paper empirically tests an augmented gravity model of international trade, using four digits disaggregated data under the Harmonized System, in order to investigate the impact of AFTA to the volume and direction of intra and extra ASEAN trade of textiles and clothing. Several model...

In this article, we examine the trade and national security spillovers of U.S. and EU approaches to data protection. Both governments want to protect the privacy of citizens moving information through the cloud, ensure that information flows smoothly across the Atlantic and enable government...

The geographic structure of the Magharib countries necessitates its political and economic partnership. However, there were many hindrances that curtailed further mutual benefits in the past decades. That minimized its economic cooperation in many ways. The emergence of the WTO adds to questions...

In his State of the Union speech, President Obama announced that the United States will launch talks on a comprehensive Transatlantic Trade and Investment Partnership with the European Union. This initiative is big news, and potentially a game-changer for trade liberalization. For years now,...

The adhesion to the European Union in January 2007 induced significant changes in the Romania's foreign trade. In the new circumstances, the Romanian firms have to face an increased competition, but they could also fructify the opportunities of the European single market. Other changes could...

The TRIPs plus phenomenon (additional steps to strengthen the Agreement on Trade-Related Aspects of Intellectual Property Rights) tends to be attributed to the regional and bilateral efforts of the United States. This paper suggests that such a perception is mistaken. The EU certainly seeks to...

The Africa Caribbean and Pacific (ACP) countries have benefited from unilateral preferential access to EU markets under various trade agreements. However, since agricultural trade is increasingly determined by food safety and quality standards, one of the main concerns of ACP countries is their...

This essay focuses on hostile business takeovers to illustrate the significance that cultural differences among nations can play in developing a harmonized European Union law. After 12 years of development, the EU Directive regulating hostile takeovers, to everyone’s surprise, was voted down...

In February 2016, after more than three years of negotiation, the European Union and Vietnam officially announced the conclusion of negotiation and published the text of the EU-Vietnam Free Trade Agreement (EVFTA). This research focuses on the impacts of EVFTA on both economies. By using the...

Unlike many theoretical analysis of tax effects on household debts in a monetary union, this paper builds up analysis from a household budget constraint, instead of starting from a model. By a monetary union, it is assumed that all nations in the union share same currency. The size of tax...