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This paper provides a survey of the literature on trade theory, from the classical example of comparative advantage to the New Trade theories currently used by many advanced countries to direct industrial policy and trade. An account is provided of the neo-classical brand of reciprocal demand...
Persistent link: https://www.econbiz.de/10008759535
While trade integration is often regarded as a principal determinant of economic growth, the empirical evidence for a causal linkage between trade and growth is ambiguous. This paper argues that the effect of trade in dynamic panel estimations depends crucially on the specification of trade....
Persistent link: https://www.econbiz.de/10009530214
to overcome these inefficiencies and obtain mutual gains. -- natural resources ; trade ; export tax ; tariff escalation …
Persistent link: https://www.econbiz.de/10009518238
The objective of the paper is to explore and give an overview of two central policy alternatives to improve the integration between the European Union and developing countries by removing barriers to trade: trade preferences and trade facilitation. After reviewing the relevant literatures and...
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