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We are concerned with trade in transport services (not cabotage butrather international shipping, transport,and related logistical services) and the importance of competitionand market structure in the sector. Weexamine implications of liberalization for profits, trade, andnational gains from...
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calculated from trade liberalization, although such losses are quite possible in theory, as a large recent literature has shown …
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by such tools as game theory and the theory of monopolistic competition. The first section covers broad and basic trade …
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