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This study covers the history of Sino-US trade relations with a particular focus on the past decade, during which time each has been a member of the World Trade Organization (WTO). Providing a brief history of 19th and 20th century economic relations, this paper examines in detail the trade...
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We present a new model of dynamic Bertrand competition, where a quota is treated as an intertemporal constraint rather than as a capacity constraint as is common in the literature. The firm under a quota then can still vary the rates of exports over time provided that its total sales within the...
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The pro-competitive effects of international trade in the presence of monopoly, and the deleterious effects of protection, are topics commonly taught in both international trade and industrial organization classes. We present a numerical simulation model for classroom use, built in Excel, that...
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This paper presents a general framework for comparing the effects of tariffs,quotas and VERS (voluntary export … most cases the effects of exogenous shocks in the presence of quotas are intermediate between those in the presence … first published. The full-text of this article is not available in ORA at this time. Citation: Neary, J. P. (1988). 'Tariffs …
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to influence world prices and in which trade is restricted by both tariffs and quotas. I derive general expressions for … liberalisation and shadow prices in the presence of tariffs and quotas', International Economic Review, 36(3), 531-554. …
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