Several developing countries impose high tariffs, directly or indirectly, on imports of manufactured goods such as vehicles and machinery. In many cases governments argue that they need such policies to protect domestic manufacturing industries from foreign competition while simultaneously...

The following article investigates the impact of the Joint Comprehensive Plan of Action (JCPOA) on Iran's aviation industry. Although the Iranian government has used the aviation industry orders for new modern aircraft to showcase the economic benefits of such agreement, the reality is that...

This paper studies the role of privatization and subsidization policies as trade strategies in a single multinational market where private and public firms of different nationalities interact. The paper finds that when a country subsidizes its industry the rival country would have the incentive...

Several developing countries impose high tariffs, directly or indirectly, on imports of manufactured goods such as vehicles and machinery. In many cases governments argue that they need such policies to protect domestic manufacturing industries from foreign competition while simultaneously...