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to freer trade, in most models these costs are assumed to be very small. However, more recent evidence is casting doubt …, facilitating the comparison of short term labour market impacts from trade across countries. Data are reported at the individual … results are consistent with modern trade theory which posits that an expanding export sector rewards mostly high skilled …
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International trade produces income gains across the world by facilitating an efficient allocation of production among … trading countries. However, increased trade exposure also creates some challenges, and there are adjustment costs associated … with changing trade patterns. Effective complementary policies, by promoting flexibility and adaptation within economies …
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