The World Trade Organization (WTO) faces complex challenges as it carries out reforms given the intertwining interests of its members under the multilateral trading regime. When the WTO fulfills its dispute settlement function, some members differ…
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…