Final panel discussion: Wilfred J. Ethier, Simon Evenett, Esteban Rossi-Hansberg and Rolf Weder

Abstract

This chapter records the panel discussion that took place with Wilfred J. Ethier, Simon Evenett and Esteban Rossi-Hansberg, chaired by Rolf Weder. It includes comments and questions from the audience regarding these presentations (Chaps. 15, 16 and 17, respectively) and emphasizes the main challenges faced by Ricardian trade theory today. It deals with topics such as how to develop the Ricardian model to reflect contemporary issues, the backlash against international trade within societies, the potential long-run impact of President Trump’s policies on international trade, the implications of uncertainty for production and trade patterns, the testing of the proposition that there are gains from trade, and the subject of international trade and migration.