Acharya, Viral V.; Jiang, Zhengyang; Richmond, Robert J.; … - National Bureau of Economic Research - 2024
infection spread domestically, and levy import tariffs to prevent infection from abroad. The globally coordinated policy … pandemic, raising tariffs and tilting the terms of trade in its favor, while the less-infected country lowers tariffs to share … internalize the global spread of the pandemic, lowering tariffs and its terms of trade, especially in the contact …