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amplified by economic integration, which makes factors and producers more mobile and enables them to avoid burdensome regulation … growth equations by using internal instruments to identify a causal relationship between regulation and growth in the … presence of international trade and find evidence that both regulation and trade have a significant positive influence on …
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Economists have shown that international trade increases economic growth, with trade liberalization and integration having characterized the last 50 years. While trade can increase national welfare, recent estimates from both developed and developing countries show that labor market adjustment...
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