Kazarian, Naira; Ames, Glenn C.W. - Department of Agricultural and Applied Economics, … - 2000
A two-sector, three-good model, developed by S. Devarajan et al. at the World Bank was used to analyze trade liberalization in Trinidad and Tobago as an example of the country's new open economy policy. A 20% reduction in T&T's import tariff rate resulted in increased import volume, overall...