Baur, Andreas; Dorn, Florian; Flach, Lisandra; Fuest, … - 2023
trade policy scenarios that may arise from new geopolitical risks. We describe the EU's recent decline in importance as an … large permanent welfare losses for Europe. Our report provides several policy recommendations for the EU's trade policy in … international trading partner, while for the EU itself global trade dependency has increased. We show that this dependence is highly …