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The paper focuses on market power by certain countries in specific commodity markets as a crucial factor in explaining the level of protection. It is argued that a country which is a price maker in the world market of a specific commodity might affect its world price through export taxes, import...
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overlooked in the literature. It focuses on Sir Otto Niemeyer's missions to Brazil and Argentina in the early 1930s compared to … Brazil are discussed in contrast with Kemmerer's proposals in Chile. The focus is on the autonomy of central banks …
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