Even prior to the extreme volatility just observed, output growth volatility-following protracted decline-was flattening or mildly rising in some countries. More widespread was an increasing tendency from the mid-1990s for shocks in one country to transmit rapidly to other countries, creating...

The paper assesses by means of welfare analysis the effects of trade creation and trade diversion in a Swiss-EU free trade agreement (FTA) in the meat sector and compares it to multilateral trade liberalization. A multi-market multi-region partial equilibrium model is used. The FTA is checked...

This paper investigates determinants of tariff-cut staging categories that emerged under the recently negotiated U.S.-Central America-Dominican Republic Free Trade Agreement (CAFTA-DR). Staging categories are explained in terms of product characteristics, predicted by the Grossman-Helpman (1995)...

The paper argues that East Asian regionalism is fragile because (i) each nation's industrial competitiveness depends on the smooth functioning of "Factory Asia" - in particular for intraregional trade; (ii) the unilateral tariff-cutting that created Factory Asia is not subject to WTO discipline...

"By using a global computable general equilibrium model, this report analyzes the impact of various pending free trade agreements for Peru. In December 2007, a Peru–United States free trade agreement (FTA) was finally ratified by the U.S. Congress, replacing the Andean Trade Promotion and Drug...

This study reports the expected impact of the Mercosur free trade agreement on Chilean dairy farms. In addition, an attempt is made to identify the key sources to develop a relative advantage in this activity. Relying on these results several implications are traced out for strategic management....

The paper analyzes the impact of Colombia,s free trade with USA on the economies of US and Colombia. It also discuses the relationship between USA and Colombia.

Agricultural trade between the United States and Canada has been contentious since the inception of the CUSTA agreement in 1989. Even though Canadian exports of wheat and barley are not found to have violated U.S. trade remedy laws, friction seems likely to continue as long as the surge in...

Canadian exports of wheat and barley to the United States have increased significantly since the late 1980s. The objectives of this study are to determine the factors that affect trade flows of hard red spring wheat, durum wheat, malting barley, and feed barley from Canada to the United States...