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China, the United States, and India, decided on a more gradual phasing out extending beyond 2030. This paper estimates the … welfare loss of about 1.5 percent. Some of the major emitters, such as China and India, will experience minimal impacts to …
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How should economists interpret current trade wars and the recent U.S. trade actions that have initiated them? This paper offers an interpretation of current U.S. trade actions that is at once more charitable and less forgiving than that typically offered by economic commentators. More...
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