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By employing a model with international trade costs and imperfect competition, in which a domestic firm serves both the … domestic market and the foreign market, we show that intraindustry trade compared to intersectoral trade is globally, but not …, because domestic consumers have to bear trade costs. …
Persistent link: https://www.econbiz.de/10009390601
, manufacturing production and trade, in particular textiles, wearing apparel, leather and fur products, grow despite the protection … loss; and the standard VAT rate has to increase to 21-22% for the trade policy to be revenue neutral. The CU is poten …
Persistent link: https://www.econbiz.de/10010991724
Preferential trade agreements could lead to a reallocation of resources across sectors and countries. Production …, empirical evidence on South-South trade agreements is limited. The purpose of this paper is to fill this gap in the empirical …, and Uruguay over the period 1985-1998. We find that deepened preferential trade liberalization has fostered a reshaping of …
Persistent link: https://www.econbiz.de/10009421199