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This paper explores the relationship between preferential and multilateral trade liberalization at the sectoral level using a unique dataset that includes data on most favored nation (MFN) and bilateral preferential tariffs at the 4-digit ISIC level for 11 Latin American countries over the...
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While exports of clothing from Africa to the United States responded impressively to the preferences they were granted … trade models and predicts that, in equilibrium, the MFA encouraged exports of low quality and low value added products by … changes in the value-added and fabric intensity of AGOA apparel exports in response to the ending of the MFA in January 2005 …
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With the 2008 collapse of Lehman Brothers, Europe and the USA have become engulfed by sovereign debt crises, a problem that many felt no longer applied to the advanced economies. The US sub-prime loan crisis caused so much damage to the whole world, resulting in the global economy experiencing a...
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productive capacities. It also needs to aggressively promote exports of goods and services in such a highly competitive global …
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