This paper analyzes the effects of an expected future voluntary export restraint on the level of firms' current exports to a market. The traditional result that current exports increase is shown to depend on the degree of collusion in the exporting industry and the anticipated restrictiveness of...

This paper surveys the recent literature on trade liberalisation and economic growth. While there are serious methodological challenges and disagreements about the strength of the evidence, the most plausible conclusion is that liberalisation generally induces a temporary (but possibly...