This paper evaluates the impact of the positive terms of trade (TOT) Shock on macroeconomic variables, using panel data for the six OPEC major oil exporting countries during 1989-2005. The findings indicate that the positive TOT shocks have the small and negative impact on savings and on the trade balance. Nevertheless, it has a positive impact on investment (specifically private investment) an...

The development of digital technologies such as blockchain and the increase in ICT popularity have caused rapid service trade sector; meanwhile, this context that WTO cannot coordinate rule negotiations among various countries at global level, signing RTA with terms has also built up to a small climax. This paper selects 24 samples implemented RCEP member states from 2012 2019, empirically test...

Interactions are a core part of all multi-agent systems. They occur because of the inter-dependencies that inevitably exist between the agents and they manifest themselves in many different forms—including cooperation, coordination, and collaboration. However, perhaps the most fundamental and powerful mechanism for managing these inter-agent dependencies at run-time is negotiation—the process b...

The current research explored whether two related yet distinct social competencies -- perspective taking (the cognitive capacity to consider the world from another individual's viewpoint) and empathy (the ability to connect emotionally with another individual) -- have differential effects in negotiations. Across three studies, using both individual difference measures and experimental manipulat...

abstractthis paper examines the impasse in the current doha development round negotiations andasks how the rules of the wto could be changed to facilitate multilateral negotiations andto increase the welfare of the member countries. it considers possible changes to the methodof negotiation. as examples of rules which are outdated, it considers the rules relating toregional trade agreements and ...