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Trade Liberalization vs. Protectionism

Trade Liberalization vs. Protectionism

The current paradigm classical neo-liberal economics proposes free trade and allows state intervention only to “liberalize markets and lower distortions” (Wade 1990, 23).  Consequently, most trade models oppose protectionism by nature. The simplest and probably most influential trade model is Ricardo’s comparative advantage.  “[C]ountries will export goods that their labor produces relatively efficiently and import goods that their labor […]

Real Trade Volume?

Real Trade Volume?

Our research interest lies in identifying the sources of trade that are not listed in international statistics, researching methods to estimate the real trade volume, understanding the proportion of unregistered trade volumes understanding the importance of different unregistered trade movements by category and country and ultimately identify the winners and losers.   Why are we […]

The Effect of Antidumping Initiations

The Effect of Antidumping Initiations

What are antidumping procedures? WTO-sanctioned procedures, which have served as the basis for most domestic legislations on antidumping dating back to the days of the GATT, follow the subsequent logic.  Domestic firms can complain to their governments’ relevant authority that they have been injured by a foreign company that dumped its products in the domestic […]