facilitate international trade by lowering trade costs, such as import duties and/or export taxes. EPZs should thus be …

The majority of research to date investigating strategic tariffs in the presence of multinationals finds a knife … of endogenously chosen tariffs. As is standard, Nash equilibrium tariffs are higher than the socially optimal tariffs …. Unlike existing models with homogeneous firms, we find that non-cooperative tariffs promote the existence of low …

access to the rest of the world (through transport hubs) are key drivers for target selection. …