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This paper studies the effect of trade policy uncertainty on firm‐level export volatility. Using data on Chinese exporters around China's WTO accession, we find that a reduction of trade policy uncertainty between China and the United States decreases the volatility of firm‐level export to the United States and increases the volatility of export to the rest of the world. In the aggregate firm level,...
This paper discusses the trade policies and practices of Singapore based on the latest WTO trade policy review. Though Singapore's trade policies have been effective and contributing to its remarkable economic performance, it also faces problems and new challenges in the modern globalisation era. Reviewing Singapore's policies also provides guidance for other small open economies.
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