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Persistent link: https://www.econbiz.de/10011648597
This study explores tariff cooperation under a representative democracy, comparing national welfare realized in three trading regimes: most favored nation (MFN), customs union (CU), and free trade agreement (FTA). Two points are addressed: Why have FTAs increased in recent decades when...
Persistent link: https://www.econbiz.de/10012900908
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