Reordering international trade: what will it cost?

Rasa Stasiukynaite ()
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Rasa Stasiukynaite: Bank of Lithuania

No 27, Bank of Lithuania Occasional Paper Series from Bank of Lithuania

Abstract: This paper overviews early research which has gone into the possible effects of the recent tensions in international trade. We have witnessed the increase and the promises of future increase in tariffs, in the case of the new trade policy of the US, and the promises of the future increase in the non-tariff barriers (possibly even tariffs) in the UK’s decision to leave the EU. The focus in the research is mostly on trade policy and on the results, insights, and conclusions, while the discussion on the econometric specification or estimation of the models is out of scope.

Keywords: international trade; tariffs; gains from trade; protectionism; trade policy; Brexit (search for similar items in EconPapers)
Pages: 19 pages
Date: 2019-10-15
New Economics Papers: this item is included in nep-agr and nep-int
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