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Protectionist industry interests stem from nondiversified individual income which derives from industry-specific factor ownership. This paper investigates how access to domestic and international asset markets moderates industry-affiliated individuals' preferences for protectionist trade...
Persistent link: https://www.econbiz.de/10010958379
This paper examines the relation between the multinational firm and the determination of international trade policy. At issue is whether the multinational firm exerts a protectionist or liberalizing influence on countries' national trade policies. Vertical integration appears quite...
Persistent link: https://www.econbiz.de/10010958449