Dassiou, Xeni; Choi, Chong Ju; Maldoom, Dan - In: The B.E. Journal of Theoretical Economics 4 (2004) 1
In this paper we try to explain how price discrimination can cause bilateral trade patterns of the type seen under countertrade agreements. We interpret countertrade as a form of transaction bundling, which can discriminate between potential trading partners, and we combine characteristics from...