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This paper investigates the impact of regional free-trade-area (FTA) agreements on the ability of countries to multilaterally cooperate within an economic environment characterized by trade- flow volatility. We show that the parallel formation of different FTAs leads to a gradual but permanent...
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We investigate the implications of consumer nationalism for multilateral trade cooperation. We develop a two-country, two-firm model, in which the firms produce horizontally differentiated products and act as Bertrand competitors. Assuming that there is asymmetry in consumer nationalism between...
Persistent link: https://www.econbiz.de/10012181737
This paper examines the determinants of “echoing” in antidumping (AD) cases (i.e., different countries sequentially imposing AD measures on the same product from the same exporter). We develop a dynamic game in which two competing importers can choose to impose an AD duty on a third...
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This paper investigates the reason why Korea's export suddenly and rapidly expanded in the early 1960s. By doing so, it … Korea's rapid growth and industrialization. Evidences this paper finds indicate that three devaluations in quick succession …
Persistent link: https://www.econbiz.de/10003819600