Analysing stylised scenarios with economic modelling tools reveals complex relations, incentives and trade-offs of the different policy instruments, in particular regarding the environmental dimension. Marginal areas of the EU are most vulnerable to drastic policy changes....
This report provides an update of 36 of the EU’s major trade agreements with 65 trading partners. The agreements cover 91% of EU trade with preferential partners and account for 30.4% of EU total external trade. The report highlights the implementation of EU agreements in Asia, the Americas, the...
Does distance matter for the volatility of international real and financial transactions? We show that it does, in addition to its well-established relevance for the level of trade. A simple model of trade with endogenous markups shows that demand shocks have a larger impact on trade between mor...
The general problem addressed in this document is the estimation of “fair” import prices from international trade data. The work is in support to the determination of the customs value at the moment of the customs formalities, to establish how much duty the importer must pay, and the post-cleara...
In its 2015 Trade for All communication, the Commission committed itself to report annually on the implementation of the European Union’s (EU) most significant trade agreements. This is now the third report on this matter. This report provides an update on the implementation of 35 major trade ag...
In March 2018, the United States (US) President Donald Trump announced the imposition of a tariff on US imports of steel and aluminium products. This Science for Policy report sheds light on the possible macroeconomic impacts of this policy, focusing in particular on exports, value added (VA), o...
The EU-Central America Association Agreement was signed in June 2012 and its trade pillar has been provisionally in force since December 2013. This evaluation assesses specifically the implementation of the trade and sustainable development (TSD) chapter of the trade pillar of this agreement dur...