Lutz, Stefan; Gaisford, James; Shan (Victor) Jiang - International Centre for Economic Research (ICER) - 2009
duties were to provide a systematic defense against predation by foreign firms, however, a strong ''fair-trade …'' justification would remain. This paper adapts the classic entry-deterrence analysis of Dixit (1979) and Brander and Spencer (1981 … duties that are generally observed in practice will often be insufficient. Consequently, the paper challenges the ''fair-trade …