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The Looming Threat of Tariff Hikes: Entry into Exporting Under Trade Agreement Renegotiation

Author

Listed:
  • Crowley, M. A.
  • Exton, O.
  • Han, L.

Abstract

Since the end of World War II, trade policy around the world has been characterized by a tendency toward greater liberalization. Among developed countries, almost all reductions in import tariffs and relaxation of quantitative restrictions have been negotiated under multilateral, preferential, or bilataral trade agreements. Countries engaged in these negotiations have sought to reduce trade barriers relative to the existing level of protectin - the threat point in the event of a breakdown in negotiations has generally been a continuation of the status quo.

Suggested Citation

  • Crowley, M. A. & Exton, O. & Han, L., 2020. "The Looming Threat of Tariff Hikes: Entry into Exporting Under Trade Agreement Renegotiation," Cambridge Working Papers in Economics 2016, Faculty of Economics, University of Cambridge.
    • Handle: RePEc:cam:camdae:2016
    Note: mc865, lh420, oe219
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    References listed on IDEAS

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    1. Nuno Limão & Giovanni Maggi, 2018. "Uncertainty and Trade Agreements," World Scientific Book Chapters, in: Policy Externalities and International Trade Agreements, chapter 3, pages 47-88, World Scientific Publishing Co. Pte. Ltd..
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    5. Kyle Handley & Nuno Limão, 2018. "Trade and Investment under Policy Uncertainty: Theory and Firm Evidence," World Scientific Book Chapters, in: Policy Externalities and International Trade Agreements, chapter 4, pages 89-122, World Scientific Publishing Co. Pte. Ltd..
    6. Subramanian, Arvind & Wei, Shang-Jin, 2007. "The WTO promotes trade, strongly but unevenly," Journal of International Economics, Elsevier, vol. 72(1), pages 151-175, May.
    7. Alejandro G Graziano & Kyle Handley & Nuno Limão, 2021. "Brexit Uncertainty and Trade Disintegration," The Economic Journal, Royal Economic Society, vol. 131(635), pages 1150-1185.
    8. Justin R. Pierce & Peter K. Schott, 2016. "The Surprisingly Swift Decline of US Manufacturing Employment," American Economic Review, American Economic Association, vol. 106(7), pages 1632-1662, July.
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    Cited by:

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    2. Jakubik, Adam & Ruta, Michele, 2023. "Trading with friends in uncertain times," Journal of Policy Modeling, Elsevier, vol. 45(4), pages 768-780.
    3. Freeman, Rebecca & Manova, Kalina & Prayer, Thomas & Sampson, Thomas, 2022. "UK Trade in the Wake of Brexit," Single Market Economics Papers WP2022/12, Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs (European Commission), Chief Economist Team.
    4. de Lucio, Juan & Mínguez, Raúl & Minondo, Asier & Requena, Francisco, 2024. "The negative impact of disintegration on trade: The case of Brexit," European Economic Review, Elsevier, vol. 163(C).
    5. Eliav Danziger & Leif Danziger, 2024. "A Minimum Wage May Increase Exports and Firm Size Even with a Competitive Labor Market," CESifo Working Paper Series 10997, CESifo.
    6. Danziger, Eliav & Danziger, Leif, 2024. "A Minimum Wage May Increase Exports and Firm Size Even with a Competitive Labor Market," IZA Discussion Papers 16846, Institute of Labor Economics (IZA).
    7. Josh De Lyon & Swati Dhingra, 2020. "Covid-19 and Brexit: Real-time updates on business performance in the United Kingdom," CEP Covid-19 Analyses cepcovid-19-006, Centre for Economic Performance, LSE.
    8. Schrader, Klaus & Jessen-Thiesen, Levke, 2021. "Deutsche Arbeitsplätze und Brexit: Die Bedeutung des Exports nach Großbritannien für die Beschäftigung in den deutschen Bundesländern," Kiel Policy Brief 149, Kiel Institute for the World Economy (IfW Kiel).

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    More about this item

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration

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