Novy, Dennis (contributor) - 2006
OF ECONOMICS
Trade Costs and the Open Macroeconomy
Dennis Novyy
University of Warwick
14 November 2006
Abstract
Trade …, Petra Geraats and Neil Rankin for helpful comments.
yDepartment of Economics, University of Warwick, Coventry CV4 7AL ….ac.uk/fac/soc/
economics/sta�/faculty/novy/
1 Introduction
Trade costs have long been known as a major obstacle to international economic …