ln recent years, the trend of politicization of trade has become increasingly fierce. The reasons are as follows: firstly, at the ideological level, it is caused by the zero-sum game thought prevailing in the international society dominated by the…
When we proxy trade finance by the sum of trade finance loans and export-adjusted notes receivable, elasticity estimates range between 0.18-0.31 depending on the sample of exporters. These estimates are comparable to single and multi-instrument…