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Recent developments in international trade theory give growing emphasis to the quality of the exported products, showing that it affects both the direction of trade and the countries’ export performances. However, as quality is unobservable, a measurement problem clearly emerges. In this paper...
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Earlier 2020 briefs identified annual growth rates for world population of 1.7 percent per year based on United Nations projections and per capita income growth in low- and middle-income economies of 2.9 percent as the major driving forces for growth in agricultural demand. These growth rates...
Persistent link: https://www.econbiz.de/10005028103
This analysis examines the implications of WTO accession for China's domestic policies and institutions by identifying some of Chinese agricultural policies and institutional arrangements that may generate conflicts with WTO requirements and analyzing the nature and extent of the conflict that...
Persistent link: https://www.econbiz.de/10005038192
The Heckscher-Ohlin-Samuelson (HOS) model in international trade theory provides a powerful general-equilibrium paradigm for analyzing the impact of changes in trade on factor returns. In the HOS model, factor returns are determined solely by commodity prices, which are determined on large world...
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