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The United States imports intermediate inputs from China, helping downstream US firms to expand employment. Using a … total impact of trading with China is a positive boost to local employment and real wages. The most important factor is …
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While China was reducing tariffs as part of the WTO accession process, it was also effectively restricting exports in …-country Ricardian model to examine the extent to which these de facto export tax changes benefited China and nullified the benefits to … the rest of the world of China’s trade liberalization. We show that trade liberalization benefited China’s trade partners …
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