10. What Trade Statistics Can—and Can’t—Tell Us

Yeutter Institute of Trade and Finance Author
03/02/2020 Added
22 Plays


Mercatus Center Senior Research Fellow Dr. Christine McDaniel explains why traditional trade statistics have not kept up with changes in how trade actually happens—and how this can distort our understanding of trade. She describes how two trends—trade in value added and trade in services—lead to misinterpretations of our trade data and discusses how our approach may need to change. She also walks through the unintended consequences of U.S. trade remedy regulations and describes her number one recommendation for changing U.S. trade law. Opinions expressed on Trade Matters are solely those of the guest or host and not the Yeutter Institute or the University of Nebraska-Lincoln.

Show Notes:

The Downstream Costs of Trade Remedy Regulations by Christine McDaniel and Veronique de Rugy

The Great Convergence by Richard Baldwin

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