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The following sections are included:IntroductionThe ModelWelfare Effects of Foreign Investment Quotas and Export RequirementsConcluding RemarksAppendix
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In recent years a number of papers have examined the impact of inflow of foreign capital on welfare in a trade theoretic model. Two fundamental ques - tions have been raised in this literature. First, what is the welfare impact of foreign capital inflow under a laissez faire regime? Second, what...
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