This manuscript develops a classroom experiment on international trade that is suitable for undergraduate intermediate … macroeconomics, international trade, and international finance courses. Students representing buyers, in a small home country and … international trade. By imposing tariffs and quotas and altering the structure of the home market from one of perfect competition to …

the time series data from 1990-91 to 2005-06. The results reveal that wage, trade openness, net export, GDP growth and tax …

International trade moved from "trade in goods" to "trade in tasks" and effective protection rates (EPRs) are back to … isolating the specific contribution of changes in tariff policies, in production structure or in real exchange rates … change in tariff duties, identifying sectors most deeply interconnected. …

nominal tariffs on the competitiveness of industries. Building on the results of the OECD-WTO Trade in Value-Added TiVA …

economic motivator. Trade polices yield the various effects on economy. The purpose of this paper is to estimate the effects of … free trade policy in Thailand to its top 5 trading partners on economic performance and the level of household income … national prosperity, is to remove tariff to trading partners, primarily with the E.U., followed by China and the U.S. …

This paper presents theory and evidence from highly disaggregated Chinese data that tariff reductions induce a country … effect of trade liberalization on export prices and its relation with product differentiation. Next, the paper extends Melitz …'s (2003) model of trade with heterogeneous firms by introducing endogenous quality choice. The model predicts that a reduction …

This paper establishes relationships between static Nash equilibria and dynamic Markov perfect equilibria of tariff and …. Instead of the well-known non-equivalence between tariff and quota retaliation outcomes under complete myopia, in some … circumstances, free trade can be supported in the steady state of a Markov perfect equilibrium, regardless of whether policies …

This paper analyzes the impact of an ethanol import tariff in conjunction with a consumption mandate and tax credit. A … tax credit alone acts as a subsidy to ethanol producers, equally benefiting exporters like Brazil. If an import tariff is … imposed to offset the tax credit, world prices of ethanol decline by less than the tariff (unless oil prices are unaffected …