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…
The global digital economy is witnessing the transformative impact of Artificial intelligence (AI), prompting nations to engage in AI-driven trade agreements. Under the digital trade context, these agreements aim to promote and regulate AI…