This paper examines the trade policy response of Latin American governments to the rapid growth of China and India in …

This paper reviews the most significant recent developments in the theory of trade agreements. The paper offers an … integrated approach to evaluating trade agreements, and uses the approach to present results on preferential and multilateral … trade agreements. The paper identifies also several questions for further research …

This paper examines the trade policy response of Latin American governments to the rapid growth of China and India in …

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 book The Wealth of Nations, free trade critics have repeatedly challenged … the doctrine, offering half-truths to bolster their case. In each instance, free trade advocates have successfully exposed …

The paper first analyzes the pattern of trade for China and India in the new century. We find that: (1) Both countries …. (3) Both countries exhibit a large extent to intra-industry trade though both export a large proportion of heavy … than that of China, when taking processing trade into account. (5) Processing trade plays a dominant role for China …

This paper presents a structural general equilibrium model to analyze the effects on trade, welfare, and gross domestic … product of common transport infrastructure. The model builds on Caliendo and Parro (2015) to allow for changes in trade costs …. The model highlights the trade impact of infrastructure investments through cross-border input-output linkages. This …

-linearized. We develop the argument using one particular illustration, the gravity equation for trade, and use the proposed technique … links. Finally, bilateral trade between countries that have signed a free-trade agreement is 30 percent larger than that …

We review theoretical and empirical work on the economic effects of the United States and China trade relations during … economic effects on different outcomes. We then focus on the recent U.S.-China trade war. We discuss methods used to evaluate … its effects, describe its economic effects, and analyze if this increase in trade protectionism reverted the effects of …

computable general equilibrium trade model calibrated with the latest version of the GTAP database to simulate the effect of … doubling non-tariff barriers - both unilateral and reciprocal - between the two blocks on trade and welfare. Imposing trade … to cooperate rather than turning away from each other. By imposing a trade war on Russia, the political West could …