This paper examines international trade in tainted food and other low-quality products. Wefirst find that for a large … class of environments, free trade is the trading system that conveysthe highest incentives to produce non-tainted high-quality … goods by foreign exporters.However, free trade cannot prevent the export of tainted products, and the condition fortainting …

is severe. In a symmetric Bertrand oligopoly where products may differ only in their quality, production cost is …Firms signal high quality through high prices even if the market structure is highly competitive and price competition … increasing in quality and the quality of each firm’s product is private information (not known to consumers or to other firms …

We consider an oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in … knowledge: some consumers know both the prices and quality of the products offered, some know only the prices and some know …-inefficiency of the price/quality offers. But, better price/quality combinations are signalled with lower prices in one type and with …

By combining two large data sets (on international trade flows and cross-border mergers and acquisitions – M&As), we …

By combining two large data sets (on international trade flows and cross-border mergers and acquisitions - M&As), we …

We are concerned with trade in transport services (not cabotage butrather international shipping, transport,and related … liberalization for profits, trade, andnational gains from trade. Though past GATSmaritime negotiations involved the maritime nations …

We examine the setting of national competition policy in a two-country setting,emphasizing the relationship of trade to … equilibrium distributional effects of competition policy, therelationship of national competition policy to terms-of-trade gains … and losses,the implications of distinct national markets linked through trade (thestarting point for all trade theorists …

We study the optimal trade policy against a foreign oligopoly withendogenous quality. We show that, under the Most … low-quality product and a tax onhigh-quality one. Another example of such a nonuniform tariff policyis a Regional Trade … Favoured Nation(MFN) clause, a uniform tariff policy is always welfare improvingover the free trade equilibrium. However, a …

This paper focuses on ignored issues regarding the impact of trade reforms in transition economies. These economies are … primarily characterized by a low quality of their products, large depreciations of their currencies, and a high degree of … and international trade. First, we show that trade liberalization in transition economies reduces the output of local …