This article examines the impact of multilateral trade policy liberalisation on countries' levels of economic development, proxied by their real per capita income. The study is particularly relevant in the current context of growing rhetoric against international trade, which could fuel domestic...

Purpose - The international trade literature has established that export product diversification lowers export product revenue instability. The current analysis investigates whether this finding carries over services exports. Design/methodology/approach - The empirical analysis covers a sample...