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with global fixed export costs and one with bilateral fixed export costs. With global costs, import sales per product … occurring along the intensive margin of trade. With bilateral costs, imports per product variety are increasing in fixed trade … costs, due to adjustment occurring along the extensive margin. We apply our approach to data on imports of U.S. motion …
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with global fixed export costs and one with bilateral fixed export costs. With global costs, import sales per product … occurring along the intensive margin of trade. With bilateral costs, imports per product variety are increasing in fixed trade … costs, due to adjustment occurring along the extensive margin. We apply our approach to data on imports of U.S. motion …
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