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For centuries, most international trade involved an exchange of complete goods. But, with recent improvements in transportation and communications technology, it increasingly entails different countries adding value to global supply chains, or what might be called quot;trade in tasks.quot; We...
Persistent link: https://www.econbiz.de/10012779022
delayed inputs. These effects are larger when inventories are already at low levels. We fit the model to the U.S. and global …
Persistent link: https://www.econbiz.de/10014262789