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applying standard trade theory, the result indicates that either unilateral imposition of additional tariffs or bilateral …
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Multilateral trade rounds have stressed converting non tariff barriers to simple tariffs. The WTO Agreement on … distorting tariffs …
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Fiscal devaluations—an increase in import tariffs and export subsidies (IX) or an increase in value-added taxes and …
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Small economies rarely embrace free trade, a fact that is commonly explained as a consequence of the government's use of trade policy to redistribute income. But why is this redistribution typically biased in favor of import-competing sectors and is consequently trade restricting rather than...
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