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Available estimates of tariff equivalents of quotas and welfare calculations on the costs of MFA quotas for developing countries are based on the premise of perfect competition in both product and license markets. It is also assumed that the exporting countries which administer the MFA quotas...
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as arguments. By using the case of textile and clothing industry in Hongkong, the author shows that despite the … experience of different trade policies over the last 30 years, Hongkong exports of textile and clothing have been expanding. He … believes that the experience of the textile and clothing industry in Hongkong is a clear case in which protectionism has acted …
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Available estimates of tariff equivalents of quotas and welfare calculations on the costs of MFA quotas for developing countries are based on the premise of perfect competition in both product and license markets. It is also assumed that the exporting countries which administer the MFA quotas...
Persistent link: https://www.econbiz.de/10012475338