domestic products (GDPs) account for 36 percent of world GDP and whose mutual trade accounts for approximately 24 percent of … world trade. As for most proposed free trade agreements (FTAs), trade economists have provided ex ante computable general … welfare estimates that treat all firms within an industry as homogeneous with more recent CGE analyses that allow firms …

in computing general equilibrium trade-flow and welfare effects of trade-cost changes. This paper addresses theoretically …-94 percent of economic welfare effects of EIAs and can potentially predict ex ante a potential EIA's partial trade-flow effect … and general equilibrium welfare effect. …

been identified as sufficient to quantify the economic welfare effects of trade-policy liberalizations and/or trade … empirically the trade-flow and welfare effects of trade liberalizations (or trade-cost changes). The first issue is how to …

international trade is the use of quantitative trade models to estimate the economic welfare losses from dissolutions of major … agreement, we examine the general equilibrium trade and welfare effects of the elimination of NAFTA (and for robustness U … the biggest loser; Canada is the biggest loser. Canada's welfare (per capita income) loss of 2.11 percent is nearly two …

yields economically plausible and statistically significant estimates of the declining effect of “national borders” on world …