nations. We analyse how gains from lowering import tariffs are distributed within the firm and the corresponding tax (base … insufficient expansion of alternative tax bases (profits, sales, and wages) after a tariff cut. This limits the government …

and Muir 2007). In particular, she examines the global macroeconomic implications of the expiration of major tax cuts in … that the expiration of previously enacted tax cuts in the United States will impose short-run costs on the U.S. economy … redistribution of wealth linked to a partial reversal of global current account imbalances as U.S. government debt declines. The …

spending, loans, and credit facilities, refinancing schemes, swap agreement, discount loan window, tax cut on credit, short …