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pre- World War I, the interwar, and the post-war periods, this paper finds that the Frankel-Romer result is robust to …
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shifts. By shocks we mean sudden jolts to the world economy in the form of financial crises and deep recessions, or wars and …
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This paper investigates the theory and evidence that history plays a role in shaping the direction of international trade. Because there are reasons to anticipate a positive correlation between the predominant direction of trade flows in the past and membership in preferential arrangements in...
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in all world markets and to help secure 20 percent of the Japanese semiconductor market for foreign firms within five …
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