We assess the impact of U.S. trade policy uncertainty (TPU) toward China in a tractable general equilibrium framework … turn reduces trade flows and real income for consumers. We apply the model to analyze China's export boom around its WTO … normal trade relationship status and thus ending the annual threat to revert to Smoot-Hawley tariff levels. We construct a …

This paper fits a gravity model to the trade of 76 market economies. It then applies the model to data on East European … mutual trade and trade with developing countries, but it will increase trade with industrial counties by factors of three to … thirty. West Germany and the USA are the principal beneficiaries of this new trade, increasing their exports and imports by …

trade of around 2 to 8%) but long lasting (around 7 years). We find however that the disruption effect is much larger for … African exporters as the fall in trade (relative to gravity) is at least 20% more than for other countries in the aftermath of … are hit more severely than manufacturing exports. We also provide evidence that African countries more dependent on trade …

Most countries are members of preferential trade agreements (PTAs). The effect of these agreements has attracted much … interest and raised the question of whether PTAs promote or slow down multilateral trade liberalization, i.e. whether they are … multilateral liberalization. We use detailed data on US tariff reductions during the most recent multilateral trade round to …

This Paper is concerned with the interaction of regulated efficiency and World Trade Organization (WTO) accession and …

Europe to explore the effects of trade policies on those sectors. In particular it explores the partial opening of EC markets … to Eastern producers. Following a discussion of trade policy in iron and steel it models EC liberalization in two ways …, and finds that in neither case will trade liberalization have dramatic effects. East European exports to the EC could …

Does trade policy influence schooling and child labor decisions in low income countries? We examine this question in …

This paper analyses the political economy of trade liberalization by the European Community towards Eastern nations. We …