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United States and China. The focus is laid on two trade war scenarios, and one of them takes into account the effects of the … solely due to the trade war with China, in 2020, the US total trade balance will improve by 41,020 million USD (0.21% of real … trade intensity with China and welfare will decline. However, our study has found that the potential economic consequences …
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The aim of the paper is to understand the causes of the growth differential created between the Mediterranean and the Nordic economies since the creation of Euro. The Minsky's financial instability hypothesis and the Kalecki's five determinants of profits are used in the paper as interpretative...
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