The significance of international trade was highlighted by the leaders of the BRICS group of countries as they met for their Sixth Summit in Fortaleza, Brazil in July, 2014. The BRICS group, made up of Brazil, Russia, India, China and South Africa, came together calling for an Action Plan for...

China's reported exports to the United States have long been smaller than U.S.-reported imports from China. Earlier explanations for this focused on re-exports through Hong Kong, and appeared to account for most of the difference. Now, even after taking Hong Kong into account properly, there has...

Further U.S. trade liberalization will lead to both internal U.S. adjustments and external adjustments in the rest of the world economy. Most of the potential future liberalization relates to textiles and apparel. While the Agreement on Textiles and Clothing and China's WTO accession influence...