Recent research in international trade emphasizes the importance of firms extensive margins for understanding overall patterns of trade as well as how firms respond to specific events such as trade liberalization. In this paper, we use detailed U.S. trade statistics to provide a broad overview...

Recent research in international trade emphasizes the importance of firms' extensive margins for understanding overall patterns of trade as well as how firms respond to specific events such as trade liberalization. In this paper, we use detailed US trade statistics to provide a broad overview of...

The traditional developed economies of the Group of Three (G3)-the European Union, Japan and the United States- all face economic slowdown, and acceptance is growing that the Asia-Pacific region will be the world's next engine of economic growth. Developing economies in Asia and the Pacific are...