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There has been much concern about Africa's recent export performance. Even though tariff and non-tariff barriers to trade have been falling, Africa's share of world exports has declined and most African countries remain highly dependent on a narrow range of primary commodities for export...
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, they do not share the same welfare implications with tariffs in the presence of a piecemeal reform (second-best). In this …
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This paper compares the social welfare effects of tariffs and quotas as strategic trade policy instruments in an …
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