Purpose - The main purpose of this study is to evaluate the threshold impact of foreign direct investment (FDI) on Ghana's trade balance. Design/methodology/approach - The study used annual time-series data, spanning 1980-2022. The study employed the autoregressive distributed lag (ARDL) models,...

This study aims to explore the relationship between macroeconomic factors and the decision to file an anti-dumping (AD) initiation, focusing on the post-WTO period from 1995 to 2022 for both reporting and targeted countries. We analyze the 20 most frequent users of the AD mechanism and the 20...

This paper aims to empirically examine the drivers of the bilateral balance of the trade model for the Georgian-Chinese economy from 2000 to 2020 and the influence of the Georgia-China free trade agreement on the Georgian-Chinese balance of trade. The Error Correction Model (ECM) of the ARDL was...

Somalia has been a stateless nation for over two decades, where government institutions have been destroyed and malfunctioned, including the central bank. Consequently, this ruled out the control and regulation of the money supply and exchange rate by the central bank. This study investigates...

This paper analyzes the role of the nature of traded goods in the effect of the real exchange rate on the trade balance in West African Economy and Monetary Union countries. Empirically, the estimation of the parameters of a distributed lag autoregressive model using the technique of dynamic...

How much did France pay for its colonial empire? Did colonies benefit from large transfers from French taxpayers and private investors, or were they on the contrary drained of their capital? So far, Jacques Marseille (1984) was the only attempt to investigate these questions, by deducting from...

Purpose - Trade relations between China and the USA have been marked by conflict, especially since China's membership in the World Trade Organization (WTO). These conflicts have been analyzed from a variety of perspectives, including the loss of jobs in the USA due to Chinese imports,...

This paper documents that cross-border investment income flows are important for explaining current account balances in major economies. Those investment incomes reflect returns on cross-border asset holdings and on balance often reach magnitudes around 5% of major economies' gross domestic...

This study examined the effect of free trade on intra-African bilateral trade balances for Kenya, Rwanda, Uganda, and Tanzania to assess the potential implications of the African Continental Free Trade area. The four countries have experienced persistent trade deficits. Whether free trade within...

Foreign trade is a major factor in a country's economic development since it facilitates the integration of the national economy into the global system by granting access to foreign resources, technologies, and markets. In the context of globalisation, economic processes are constantly changing,...

The article studies the impact of the exchange rate on the trade balance in Vietnam during the period 2005-2021. The relationship between the exchange rate and the trade balance has been mentioned in many theories and empirical studies in different countries and during different periods. To...

The U.S. real effective exchange rate is at its highest level since 1985. In that year, the U.S. and its trading partners coordinated a depreciation of the dollar and the U.S. agreed to reduce its budget deficit. This paper reports that a dollar depreciation today would still improve U.S. trade...

International power competition between the U.S. and China is intensifying as the deterioration of international trade cooperation is ongoing. Especially surrounding the U.S.-China trade war, the bilateral trade imbalance has been vociferously problematised and politicised. I argue that...

Purpose - Motivated by recent rapid exchange rate depreciations, shrank economic growth, high inflation, and persistent trade deficits, this study examines the trade balance (TB) in the face of the recent dynamics of the stated macroeconomic factors, which are also important determinants of the...

Purpose This study aims to examine the impact of fiscal deficit, exchange rate and trade openness on current account deficit (CAD). The study tried to empirically investigate the 'twin deficits hypothesis' and 'compensation hypothesis' in the Indian context. Design/methodology/approach...

In this paper, we investigate the relationship between different loan types and the current account balance along with its sub-components. Our empirical results suggest that a rise in total loans inevitably leads to a deterioration in the current account balance. This relationship is preserved...

Growing global population and growing demand for food have put a lot of pressure on the global food supply chain. The global population is expected to reach 8.5 billion by 2030 and 9.7 billion by 2050. In this context, providing agri-food products in the quantity needed by an ever-growing...

Purpose The Polish economy has undergone major challenges and changes over the past few decades. The country's trade flows, in particular, have become more firmly tied to the country's Western neighbors as they have grown in volume. This study examines Poland's trade balances in ten Standard...

The US dollar is the most prevalent currency to settle internationally traded merchandise. A few existing studies demonstrate that the US dollar can significantly impact a country's trade balance with a non-US partner. Nevertheless, the current literature indicates the remarkable deficiency of...

The rapid growth of international trade has promoted equally rapid economic development and globalization. It has also brought some problems. To earn foreign exchange from other countries, some countries have adopted export tax rebate policies and other subsidies to enhance the international...

In this report, we analyse the international competitiveness of the EU in four industry groups over the period 1995-2018. The groups are delineated by specific factor intensities, where these intensities are assessed from digital tasks performed by labour services and ICT capital stocks. The...

Throughout its history, India has been viewed as an agricultural country. 54.6 percent of India's population (census 2011) is employed in agriculture and related sectors, which accounted for 17.4 percent of GDP in 2016-17. (Current prices). Agriculture accounted for 10.5% of India's total...

■ This study finds that the weakening of the Korean won reduces import value temporarily and, in the mid-term, expands export value, narrowing the trade deficit.- Since the US dollar is the usual choice for payment in international trade, the depreciating won has little impact on export volume...

We study the positive (not normative) effect of a permanent import tariff on trade deficits. We consider a two-period trade model with general preferences and technology. We first develop an aggregation result showing one can work with induced preferences over aggregate imports and exports. This...