Grossman-Rossi-Hansberg

Feature image explaining trade in tasks, showing how smartphone production is split across borders into design, components, assembly, and marketing stages.

International Trade and Economics

Trade in Tasks: The Grossman-Rossi-Hansberg Model of Offshoring

Trade in tasks reframes globalization. The Grossman-Rossi-Hansberg model shows why countries no longer trade finished goods but the tasks that...

May 23, 2026