The sarcasm of Baetiat almost 150 years ago quite aptly and in all seriousness covers a fair share of the arguments raised whenever foreign industries are more competitive than domestic ones. Vested interests, ranging from employers and employees to unions and elected officials, arouse support...

This paper estimates the costs of EU restraints on trade in textiles and clothing. After explaining the methods used, we examine the impact of an opening up of EU trade in textiles and clothing, inter alia to those economies where the textile and clothing (T&C) industries command sizeable shares...

The Millennium Round of MTNs, which was stillborn in Seattle, was supposed to have initiated wide-sweeping changes to the world's trading system. This paper deals with the impact on the German economy of some changes that might have been forthcoming from proposed liberalization strategies. It...