The proposed Transatlantic Trade and Investment Partnership (TTIP) between the European Union and the United States of … America would be the largest preferential trade agreement in the world. Encompassing almost half of world GDP, it will have … strong economic effects on Germany. In this paper, we put this trade policy initiative in its broader perspective. We argue …

The European Union and Japan have recently launched negotiations about a bilateral free trade agreement as means of … economic stimulation, with trade as a driving force to create growth and wealth. Since customs duties are already low, the … to shed light on two possible liberalization scenarios, a less ambitious and a comprehensive trade liberalization. In …

The number of preferential trade agreements has greatly increased over the past two decades, yet most existing … bilateral arrangements take the form of free trade areas, and less than ten percent can be considered to be fully fledged … customs unions. This paper develops a political economy model of trade policy under imperfect competition to provide a …

The expansion of regionalism has spawned an extensive theoretical literature analysing the effects of Free Trade … Agreements (FTAs) on trade flows. In this paper we focus on FTAs (also called European agreements) between the European Union (EU … effects on trade flows by treating the agreement variable as endogenous. Our theoretical framework is the gravity model, and …

past free trade agreements (FTAs) as well as obtain ex ante predictions for the effects of future FTAs. We first identify … ante trade frictions. The effects of new FTAs are similarly weaker for pairs with existing agreements already in place. In … addition, we are able to relate asymmetries in FTA effects to each country's ability to influence the other's terms of trade …

, CUs lead to higher social welfare than any other bilateral trade agreement. Thus, even the most ambitious mega FTAs …

We study the relationship between participation in free trade agreements (FTAs) and the sustainability of democracy …

This paper reviews the most significant recent developments in the theory of trade agreements. The paper offers an … integrated approach to evaluating trade agreements, and uses the approach to present results on preferential and multilateral … trade agreements. The paper identifies also several questions for further research …

If a free trade agreement (FTA) is characterized by the exchange of market access with a large and competitive trading …. We argue that the Canadian-US free trade agreement (CUSFTA) provides an ideal policy experiment to link this mechanism to …