Gnutzmann-Mkrtchyan, Arevik; Volmer, Maximilian - 2022
The European Union (EU) supports developing countries with a unilateral trade preference scheme. The scheme underwent a … imports from the removed beneficiaries. Using the gravity model of trade with high-dimensional fixed effects, we show that the … trade agreement with the EU, in which case the negative effect of removal of unilateral trade preferences is compensated but …