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…
Trade policy in Chile has always enjoyed a high degree of consensus among the various social actors. The low level of debate in the media and civil society has always been highlighted, especially with regard to the strategy of signing preferential…