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theory of international trade, in particular departures from the free trade optimum that is the centerpiece of the theory of … comparative advantage and the gains from trade. Also considered are situations stemming from departures from full employment and …
Persistent link: https://www.econbiz.de/10005357193
In this paper, we adapt the latest version of the Michigan Model of World Production and Trade to incorporate … relationships and data for cross-border services trade and foreign direct investment (FDI) in the major developed and developing …
Persistent link: https://www.econbiz.de/10005357217
" trade and international direct investment, in the sense that these occur at random across countries when traders and …
Persistent link: https://www.econbiz.de/10005357221
There is a wide disparity of views on issues of international labor standards. Labor and social activists are concerned about the increased imports from countries in which labor standards are ostensibly not enforced at a sufficiently high level. They fear that these imports will be detrimental...
Persistent link: https://www.econbiz.de/10005357226
This paper examines the implications of the Heckscher-Ohlin (HO) Model for the patterns of production and trade that …. Starting with the textbook model of two factors and two goods, growth paths for production and trade are derived in terms of a … trade over time. …
Persistent link: https://www.econbiz.de/10005357228
Persistent link: https://www.econbiz.de/10005357232
The paper provides a brief overview of the new World Trade Organization, successor to the GATT as the arbiter of … cooperation in matters of international trade policy. …
Persistent link: https://www.econbiz.de/10005146464
The endogenous growth literature raises the possibility that countries may grow without bound in terms of per capita income, and that they may do so at different rates. This posibility also exists in neoclassical growth models with diverging populations- populations tha grow at different rates....
Persistent link: https://www.econbiz.de/10005146467
Factor price equalization (FPE) is a central theme in trade theory, for which Dixit and Norman (1980) establish the …
Persistent link: https://www.econbiz.de/10005146471
) Model of World production and Trade to estimate the potential economic effects on the Tunisian economy that may result from … the free trade agreement (FTA) between Tunisia and the European Union (EU) that was concluded in July 1995. We find that …
Persistent link: https://www.econbiz.de/10005146473