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(Version 6.05) and the LINKAGE model of the global economy are used to examine the impact first of current merchandise trade … liberalization could move the world some way toward those desirable outcomes, but more so the more developing countries themselves …
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The claim by global trade modelers that the potential contribution to global economic welfare of removing agricultural subsidies is less than one-tenth of that from removing agricultural tariffs puzzles many observers. To help explain that result, the authors first compare the OECD and...
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