The politics of modern world is changing every day and all developing countries look for new markets to survive in all situations. China, as the world's leading producer, also looks for multiple markets to decrease the chances of any major setback of economy in future. In these lines, China has...

In recent years, China has drawn a lot of attention, not only due to its rapid economic development and the WTO accession, but also due to its active attitude towards regional economic development. China, as the world's leading producer, also looks for multiple markets to decrease the chances of...

Policymakers increasingly view China’s rapidly growing wealth as a threat. China currently ranks second, or perhaps even first, in the world in gross domestic product (although 78th in per capita GDP), and the fear is that China will acquire military prowess commensurate with its wealth and...

A few economists, researchers and many pundits in international business and international economics suppose that international trade has either begun to decrease or is about to decrease due to changes in the structure of the world economy. This paper rejects the empirical basis of this...

This paper benchmarks Canada's bilateral economic ties with China and compares them with those of other G7 member countries, plus Australia. It uses a gravity model of economic flows to compare actual import, export and investment levels to those predicted by the model. This shows that, in the...

More than 170 years ago, Frédéric Bastiat noted in his masterly work Economic Sophisms that the “opposition to free trade rests upon errors, or, if you prefer, upon half-truths.”1 Ever since Adam Smith successfully replaced mercantilist orthodoxy with free trade doctrine in his celebrated...

We provide an analysis of the 2008-2009 trade collapse using microdata from a small open economy, Belgium. First, we find that changes in firm-country-product exports and imports occurred mostly at the intensive margin: the number of firms, the average number of destination and origin markets...

The issue presented is whether Chinese regionalism (quyu zhuyi), or new regionalism (xin quyu zhuyi), poses a threat to the multilateral world trading system. The question directly relates to the recent 2004 ASEAN-China accord, which proposes to establish the world's largest free trade area...

We provide an analysis of the 2008-2009 trade collapse using microdata from a small open economy, Belgium. First, we find that changes in firm-country-product exports and imports occurred mostly at the intensive margin: the number of firms, the average number of destination and origin markets...