This article for the first time uses Brazilian trade data to draw conclusions about the invoice currency choice - both in general and as it pertains to the Brazilian real (BRL). We find that the Brazil-Argentina policy of providing payment orders associated to an exchange transaction between...

Vier Jahre nach Beginn des chinesisch-amerikanischen Zollkriegs und zwei Jahre nach der Unterzeichnung des Phase-One-Abkommens ist ein guter Zeitpunkt gekommen, um die Auswirkungen der Außenhandelspolitik auf die US-Wirtschaft zu untersuchen. Auch wenn die Entwicklungen seit 2019 von anderen...

This paper studied the effects of anti-dumping measures on the imports to investigate whether the trade restriction effect of an anti-dumping duty is dominant. Our results indicate that a 1% increase in the anti-dumping duties decreases the import of the targeted product by about 0.43~0.51%. The...

In recent years international trade growth has been slow. Although international trade is considered to have various benefits, such as access to international markets, rapid economic growth, higher competition, and improved investment climate, there is a growing tendency to justify...

In this paper, we investigate the scale of the drop in American imports after it imposed punitive tariffs on Chinese goods. Our analysis spans the whole period of Donald Trump's presidency (January 2017 - January 2021). In contrast to existing studies, which are mainly devoted to the impact of...

The discretionary 2018 increase in the average tariff from 2% to 12% will have broad effects across the US economy reflected in the present predicted factor shares of capital, labor, skilled labor, and energy input. Error correction estimates of a Linear Almost Ideal Demand System introduce the...