In this paper, we perform different simulations to assess the effect of the Trump administration's international trade policy on the Chinese and American economies in the next five years. To do so, we develop a new economic simulator, namely the “Foreign Trade War Smash Wave Effect Simulator...

This paper presents a simulator to observe how a trade war can affect the economic performance of both countries or regions. This new simulator is entitled “The Foreign Trade War Smash Wave Effect Simulator (FTWSWE-Simulator).” The FTWSWE-Simulator works under the concept of the inter-spaces...

This paper seeks to understand the competitive impact of State restrictions to M&A transactions which target domestic corporations. In the economic literature, a rich body of papers has examined the impact of State restrictions in terms of market access, international trade and FDI. In contrast,...

In Philippines - Distilled Spirits, the Appellate Body of the WTO reaffirmed that the determination of 'likeness' in the GATT should be about the competitive relationship between products. A coherent methodology for the determination of 'likeness' has finally begun to emerge, with the same...

U.S. exporters have choices when it comes to determining in which markets to sell their firms' products and services. These choices depend on several factors, including market size, income levels, price sensitivity, competition, consumer preferences, and other demand conditions in the recipient...

This study estimates the Nigerian import demand function with the view to finding the degree of responsiveness of imports to domestic product prices while controlling for exchange rate (EXR), gross domestic product and foreign reserves. To refine inference about stationarity in the presence of...

We analyze major transitions in U.S. trade policy using a two-factor, two-good, two-country model, where domestic policy is the outcome of political bargaining between two parties representing each factor owner—globalists and protectionists. The dominant party sets the agenda, but parties must...

A narrative of popular discontent against open trade has taken hold, and politicians on both the left and the right have reacted by taking aim at trade agreements and proclaiming their support for economic nationalism. This is both bad policy and a misreading of the views of most Americans....

The study is an attempt to analyse the impact of specific sources of finance on firms' export performance by investigating empirically the SME exporters' preferred mode of financing their various export operations and linking it with their export profitability. Based on the findings it is...

There is an emerging consensus among American politicians and many citizens that trade and globalization have undermined America's working class, resulting in a rise in U.S. populism. This view frequently targets the 2000 U.S. law that granted China “permanent normal trade relations” (PNTR)...