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...

Data representing transshipment or re-exports are almost always excluded from analytical portrayals of international trade, yet transshipment is potentially an important phenomenon in understanding a number of economic questions, and is increasing in importance. Rapid technological change in...