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The last two decades have witnessed a shift in the focus of international trade research from trade policy to other forms of trade frictions (e.g., transportation, information and communication costs). Implicit in this development is the widespread view that trade policy no longer matters. We...
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This paper presents a comprehensive but relatively brief historical survey of U.S. trade-policy over the last 75 years. It is aimed at individuals who are not already familiar with the concepts and terminology used in discussions of trade policy and the domestic and international institutional...
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The purpose of this paper is to describe United States trade policy since World War II, and to assess the possibility for ongoing U.S.trade-policy leadership. U.S. trade policy has shown remarkable consistency since World War II. It has never been as purely free-trade-focussed as some...
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the analysis is on relative wages, defined as industry wage premiums relative to the economy-wide average wage. Using the … economy factors as determinants of protection. Further issues concerning the effects of trade liberalization, such as the … relevance of time-variant political economy factors, the importance of employment guarantees, liberalization induced …
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most-favored nation status for China. We first review recnet political economy models of trade policy and then presenting a …
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