Author:
Publisher: DIANE Publishing
ISBN: 1457819759
Category :
Languages : en
Pages : 142

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Author: United States International Trade Commission
Publisher:
ISBN:
Category : Australia
Languages : en
Pages : 0

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Author: James K. Jackson
Publisher: DIANE Publishing
ISBN: 1437930646
Category : Business & Economics
Languages : en
Pages : 26

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Book Description
Contents: (1) Background; (2) An Overview of the Major Agreements: Multilateral Agreements; Regional Trade Agreements; Completed Bilateral Trade Agreements; Signed Bilateral Trade Agreements Requiring Congressional Approval; Pending Bilateral Trade Agreements; (3) Trade Liberalization and the Gains From Trade: Production Gains; Adjustment Costs; Consumption Gains; Economic Growth; (4) Estimating the Economic Impact of Trade Agreements: Overview; The Michigan Model and Estimates; Investment and Capital Flows; Data on Barriers to Trade in Services; (5) Implications for Congress. Charts and tables.

Author: Hugh M. Arce
Publisher:
ISBN:
Category : Australia
Languages : en
Pages : 116

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Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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The United States is in the process of considering a number of trade agreements. In addition, the 111th Congress may address the issue of trade promotion authority (TPA), which expired on July 1, 2007. These agreements range from bilateral trade agreements with countries that account for meager shares of U.S. trade to multilateral negotiations that could affect large numbers of U.S. workers and businesses. During this process, Congress likely will be presented with an array of data estimating the impact of trade agreements on the economy, or on a particular segment of the economy. An important policy tool that can assist Congress in assessing the value and the impact of trade agreements is represented by sophisticated models of the economy that are capable of simulating changes in economic conditions. These models are particularly helpful in estimating the effects of trade liberalization in such sectors as agriculture and manufacturing where the barriers to trade are identifiable and subject to some quantifiable estimation. Barriers to trade in services, however, are proving to be more difficult to identify and, therefore, to quantify in an economic model. In addition, the models are highly sensitive to the assumptions that are used to establish the parameters of the model and they are hampered by a serious lack of comprehensive data in the services sector. Nevertheless, the models do provide insight into the magnitude of the economic effects that may occur across economic sectors as a result of trade liberalization. These insights are especially helpful in identifying sectors expected to experience the greatest adjustment costs and, therefore, where opposition to trade agreements is likely to occur.

Author:
Publisher:
ISBN:
Category : United States
Languages : en
Pages :

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Author: United States International Trade Commission
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages : 132

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Author:
Publisher: DIANE Publishing
ISBN: 1457818914
Category :
Languages : en
Pages : 122

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Author:
Publisher: DIANE Publishing
ISBN: 1457819821
Category :
Languages : en
Pages : 60

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Author: Li Xin
Publisher: World Scientific
ISBN: 9814723967
Category : Business & Economics
Languages : en
Pages : 473

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Book Description
"Since 2005, China has been accused of causing the trade deficit and manipulating the exchange rate. At the same time, there have been arguments against the RMB appreciation. The reason for this conflict is the lack of quantitative research or elaboration on many extremely important indicators. To correctly describe the industrial chain and value-added process around the world, it is necessary to identify data by using new methods and separating the processing trade from the non-processing trade based on the Global Trade Analysis Project (GTAP) data. This book establishes a Global Multi-department Computable General Equilibrium (GMCGE) model based on the continuous global input-output database. It focuses on the Computable General Equilibrium (CGE) model that constructs a consistent interaction mechanism within the economic system and fully reflects the general equilibrium characteristics and thus tries to avoid the limitations of the partial equilibrium model. It shows how the GMCGE framework can distinguish the processing trade from non-processing trade in the input-output data, and at the same time ensure the endogenous equilibrium of the social accounting matrix (SAM) after distinction."--Provided by the publisher