Special treatment for import sensitive products is a feature of all U.S. free trade agreements (FTAs). This paper conducts an empirica1 investigation of the determination of tariff-cut staging categories that emerged from negotiations to establish the North American Free Trade Agreement. Staging...

Cover -- Half Title -- Title Page -- Copyright Page -- CONTENTS -- List of figures -- List of tables -- List of boxes -- Preface -- Acknowledgments -- CHAPTER 1 Introduction: an overview of the world economy -- Introduction -- The scope of international economics -- The output of the world...

Previous research on the estimation of income and price elasticities of U.S. import demand has indicated that these elasticities may have changed over time. To examine this issue, alternative specifications of the U.S. imporr demand function for the total time series and the fixed and flexible...

This paper provides estimates of the sensitivity of Canadian import demand to changes in income, prices, and exchange rates. The model specification allows for the consideration of long-run elasticities as well as the dynamics of short-run adjustment of imports to changes in these variables. The...

This paper constructs a trade-weighted regional exchange rate index for the Southern states and compares it to a similar index comprising the rest of the United States. Results indicate there are nontrivial differences between them. The two indexes are not cointegrated, and the index comprising...

"Applied International Economics, 5th edition, offers a modern and accessible treatment of international economics, shifting the emphasis from pure theory to the application of theory by using the standard tools of economic analysis. This new and streamlined edition makes the real-world...