This book discusses the developments in trade theories, including new-new trade models that account for firm level trade flows, trade growth accounting using inverse gravity models (including distortions in gravity models), the impact of trade liberalization under the aegis of regional and...

The trade relations between India and China have been intensified since 2001. The aim of this paper is to examine the effects of tariff reduction by India and China on bilateral imports in light and heavy manufacturing sectors. The results are evaluated in terms of welfare, output, employment...

This study investigates the potential trade flows between developing (DCs) and least developed countries (LDCs) as a result of tariff liberalization using a computable general equilibrium model called the GTAP-model. Both unilateral and bilateral tariff liberalization has been examined and...