In this paper we investigate whether multilateral trade liberalisation undermines or encourages preferential trade … liberalisation. We use highly disaggregated data at the tariff-line level and find an 'emulator effect' of multilateral trade … liberalisation on preferential trade agreements. Indeed, our regression results show that products for which the U.S. agreed to cut …

environment that captures the effects of interregional and intersectoral trade in propagating disaggregated productivity changes … pairwise interregional trade across all 50 U.S. states, 26 traded and non-traded industries, labor as a mobile factor, and … matches the U.S. input-output matrix. Using data on trade flows by industry between states, as well as other regional and …

, while world exports in current USD began to rebound from the collapse of trade during the Great Depression in 1933, world … even when the value of exports was measured in constant US gold dollars. These increases can be attributed to trade … increased in spite of the worldwide deflation, fall in income,and increases in trade costs and trade barriers. …

0.7, while import price changes that can be traced back to exchange rate movements of other trade partners only have … mild effects on US prices. Further analysis points to the importance of trade integration, variable markups, and demand …