Bagwell, Kyle (contributor); Staiger, Robert W. (contributor) - 2002 - [Elektronische Ressource]
-of-trade externality mentioned above,
standard economic theory holds that the optimal unilateral policy for a national-
welfare maximizing … the traditional economic approach and the leading political-economy
approaches to trade policy, governments set trade …-economy models of trade policy. As we are no longer limited
to the familiar framework associated with the traditional economic …