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This paper studies the role of trading partner' growth and a domestic import tariff in the possibility of growing … affected or unaffected by a domestic import tariff, while it is always positively impacted by foreign growth. Furthermore …, convergence in growth rate can emerge both with an import tariff and under free trade. Ours results are consistent with the …
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Widening imbalances in current account positions across some of the major OECD economic areas have raised concerns about related increases in protectionist sentiments. This paper reviews recent trends in market openness indicators and assesses whether barriers to international trade and...
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