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This article presents a link between tariff rates and industry structure in a dynamic setting. We examine the role of tariffs on final-goods in a firm's decision to integrate and collude in the presence of competitive imports. It is shown that, under some conditions, the upstream firm has an...
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International competitiveness is often regarded as crucial for the attainment of gains from trade, which may lead … Ricardian and Heckscher-Ohlin models, it becomes a necessary condition for the attainment of gains from trade and it applies to … all forms of trade that lead to economy-wide gains. The paper proceeds by reviewing first the concepts and measurements of …
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international trade. This paper studies the partition of production between households and firms in an analytically tractable …-purpose technologies, and the opening of international trade increase the percentage of goods produced by firms. However, with the …
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CBAM does not lead to trade conflicts that would make multilateral cooperation more difficult. International cooperation is …
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In this paper we aim, first, to examine how an economy's financial development affects the welfare gains from trade and … preferential access to liquidity. To this purpose, we propose a theoretical model of international trade with financial constraints …, which are different between large oligopolists and small monopolistic competitors. We show that trade diminishes the impact …
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