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Reordering international trade: what will it cost?

Author

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  • Rasa Stasiukynaite

    (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.

Suggested Citation

  • Rasa Stasiukynaite, 2019. "Reordering international trade: what will it cost?," Bank of Lithuania Occasional Paper Series 27, Bank of Lithuania.
    • Handle: RePEc:lie:opaper:27
    as

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    References listed on IDEAS

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    Keywords

    international trade; tariffs; gains from trade; protectionism; trade policy; Brexit;
    All these keywords.

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