The book provides theoretical and empirical evidence on how world trade evolves, how trade affects resource allocation, how trade competition affects productivity, how China’s shock affects the world trade, and how trade affects large and small countries.

1. Introduction (Lili Yan Ing and Miaojie Yu) 2. National Sovereignty in an Interdependent World (Kyle Bagwell and Robert Staiger) 3. Trade Competition and Reallocations in a Small Open Economy (Marc Melitz) 4. Trade in Goods and Trade in Services (Jonathan Eaton and Samuel Kortum) 5. On the Measurement of Upstreamness and Downstreamness in Global Value Chains (Pol Antras and Davin Chor) 6. Understanding Regional Export Growth in China (David Autor, David Dorn, Gordon Hanson and Lei Li) 7. Estimating Productivity Using Chinese Data: Methods, Challenges and Results (Scott Orr, Daniel Trefler and Miaojie Yu) 8. The Evolution of Export Quality: China and Indonesia (Lili Yan Ing, Miaojie Yu and Rui Zhang) 9. Exporting and Organizational Change (Lorenzo Caliendo, Ferdinando Monte and Esteban Rossi-Hansberg) 10. Firm-to-Firm Connections in Colombian Imports (Andrew Bernard, Esther Bøler and Swati Dhingra) 11. Chinese Import Exposure and US Occupational Employment (Marco Del Angel, Sanjana Goswami, and Antonio Rodriguez-Lopez) 12. The ‘China Shock’ in Trade: Consequences for ASEAN and East Asia (Robert Feenstra and Akira Sasahara) 13. Modern Spatial Economics: a Primer (Treb Allen and Costas Arkolakis)

‘All in all, the book provides cutting- edge methodologies by prominent names in international trade to answer important issues in globalisation. While the book can be quite technical for laypeople, for trade economists this book is simply a must-have.’ ─ Asian-Pacific Economic Literature, Vol. 34, Issue 1, 2020