This paper provides estimates of both national and global welfare costs of bilateral quotas on textiles and apparel using an applied general equilibrium model which covers bilateral quotas on exports of textiles and apparel negotiated between three major developed importing countries (the US,...

This paper presents some estimates of international trade in banking services. The authors use IMF data on assets and liabilities of both domestic banks and nonbanks with foreign banks, and of foreigners with the domestic banking system to construct measures of the volume of transactions on...