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…
This review published by the WCP Chair in China (Beijing) provides an update on the activities of the WTO. It is available at https://mp.weixin.qq.com/s/E38lMvfcxby0jmT-Mv00gA