Kaempfer, William Hutchison (contributor); … - 2002 - [Elektronische Ressource]
free trade, even when there are no domestic market failures. It proves only that in money
2
terms the gains from free …. Similar results
occur in the overlapping generations model of Gokcekus and Tower (1998). They find
that when a labor … resisted in a labor-scarce economy, even though it benefits the whole
economy.
Even though free trade alone may be …