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Hint
Answer
Who showed that the TFA between US and CA increased labour productivity by 15% due to more efficiency?
Trefler (2004)
Average money supply growth and inflation moved almost proportionally in a log-log scale
Latin America (1980-2014)
Who compared US and UK labour productivity in 1937 to find that the US exported where they were 2x as productive?
McDougall (1951)
Who showed that International trade caused US welfare to rise by 0.85% of GDP/year, due to lower markups and product variety?
Feenstra and Weinstein (2017)
Who wrote that Trump's 2018 tariffs reduces US income by $1.4bn?
Feldmann (2024)
Who found that TFA increased trade in agricultural goods?
Beverelli et al. (2023)
What agreement set quotas on US clothes imports, accounting for 84% of US welfare costs?
Multi Fibre Agreement (2004)
Which nation scrapped a 1.2CHF to Euro fixed rate causing a 30% increase in FX in minutes?
Switzerland (2015)
Who showed that countries contribute more value-added in sectors where they can use their abundant factors?
Ito et al. (2017)
Hint
Answer
What caused a reduction in trade costs, and an increase in trade volume and GDP?
TFA (2015)
Who showed through comparing Germany and Bangladesh that countries export goods where they are skill abundant?
Romalis (2004)
Who found that US congress passed NAFTA in 1994, despite trade unions strongly opposing it? Proving by counterfactual
Baldwin and Magee (2000)
Who showed that in the 2019 US-China trade war, the minority who benefitted were actively supporting and incurring costs to support Trump, while consumers didn't?
Autor et al. (2024)
Who used R&D as an investment for productivity to find that there was a 6.5 elasticity of exports to productivity?
Costinot et al. (2012)
Who found that TFA reduced trade costs?
Duval and Utoktham (2022)
What contradicts Heckscher-Ohlin by showing that US exports labour intensive goods despite being a capital abundant country?
Leontief Paradox (1953)
Tested US productivity against other nations, finding that the US exports where they are more productive.
Golub and Hsieh (2000)
PPP on Big Macs showed that the £ was undervalued.