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Conference Paper
U.S. regional trade with Canada in the first five years of free trade
Little, Jane Sneddon
(1996)
Assessing the Midwest Economy
, Paper GL-4
Journal Article
Free trade and tariffs—an uneasy mix
Gomme, Paul
(2002-09)
When U.S. steel corporations began declaring bankruptcy and laying off thousands of workers, tariffs on foreign steel seemed a reasonable way of preventing further damage to the industry. But why do most economists favor free trade?
Economic Commentary
, Issue Sep
Journal Article
Where you live affects what you think about trade
Coughlin, Cletus C.
(2007-05)
International Economic Trends
, Issue May
Report
How important is the new goods margin in international trade?
Ruhl, Kim J.; Kehoe, Timothy J.
(2009)
We propose a methodology for studying changes in bilateral trade due to countries exporting goods that they did not export previously or exported only in small quantities. Applying this methodology to country pairs that undergo trade liberalization and to pairs in which one of the countries undergoes significant structural transformation, we find large increases on this extensive?or new goods?margin. Looking at country pairs with no major trade policy change or structural change, however, we find little or no increases on the extensive margin. Studying time series on trade by commodity, we ...
Staff Report
, Paper 324
Working Paper
Spaghetti regionalism
Freund, Caroline L.
(2000)
This paper examines the welfare implications of multiple free trade agreements in a model of imperfect competition. We show that free trade is the unique Nash equilibrium under the simple rule that any two countries can form a bilateral free trade agreement. Specifically, a country is always better off forming a bilateral trade agreement with every other country, irrespective of previous agreements. This suggests that each new preferential free trade agreement may be a step towards multilateral free trade.
International Finance Discussion Papers
, Paper 680
Journal Article
The move toward free trade zones
Krugman, Paul R.
(1991-11)
Economic Review
, Volume 76
, Issue Nov
, Pages 5-25
Journal Article
A look at the top U.S. trading partners
Thomas, Michelle; Gould, David M.
(1995-11)
Southwest Economy
, Issue Nov
, Pages 10
Journal Article
Challenges and opportunities in a global economy: perspectives on outsourcing, exchange rates, and free trade: a summary of the 2004 Philadelphia Fed Policy Forum
Mester, Loretta J.
(2005-07)
Business Review
, Issue Q3
, Pages 36-48
Journal Article
Free trade: a major factor in U.S. farm income
Luttrell, Clifton B.
(1977-03)
Review
, Volume 59
, Issue Mar
Working Paper
Realignment of the yen-dollar exchange rate: aspects of the adjustment process in Japan
Johnson, Robert A.; Loopesko, Bonnie E.
(1987)
The paper first surveys recent estimates of the appropriate yen dollar exchange rate that have been proposed in the literature. Most of the more careful estimates suggest that the yen was substantially undervalued against the dollar in early 1985 when it began its steep ascent and some of the estimates suggest that further appreciation from today's strong level is warranted. ; We then turn to the adjustment process. First, we present evidence that a narrowing of Japan's record trade surplus has already started to occur, particularly in real terms. Next, we show that external adjustment has ...
International Finance Discussion Papers
, Paper 311
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