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This paper considers liberalization of trade in both inter-temporal intermediation services and goods in a joint spatial-inter-temporal trade model. Joint multi-commodity spatial intertemporal models are not (to our knowledge) used in the trade literature as general comparative statics results...
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We combine a model of combined inter-spatial and inter-temporal trade between countries recently used by Huang, Whalley and Zhang (2004) to analyze the merits of trade liberalization in services when goods trade is restricted with a model of foreign exchange rationing due to Clarete and Whalley...
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their competitors working in the wrong direction, they do not reveal their dead-end findings. Time and resources are wasted …
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wrong direction, they do not reveal their dead-end findings. Time and resources are wasted on projects that other firms have …
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