منابع مشابه
Is the Tariff the ‘Mother of Trusts’?: Reciprocal Trade Liberalization with Multimarket Collusion
This paper examines the impact of reciprocal trade liberalization on collusive conduct between domestic and foreign firms interacting in several markets. In our benchmark model, which deals with a symmetric homogenous-goods oligopoly, we show that in the absence of trade barriers an efficient collusive agreement involves equal division of the market in each country. When trade costs are introdu...
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that restrict trade between countries in agricultural commodities. Many of these policies are now subject to important disciplines under the 1994 GATT agreement that is administered by the World Trade Organization (WTO). The paper is organized as follows. First, tariffs, import quotas, and tariff rate quotas are discussed. Then, a series of non-tariff barriers to trade are examined, including v...
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As economists have known since Adam Smith, free trade should benefit all nations by allowing them to take advantage of gains from specialization.1 Indeed, the benefits of trade are supposed to justify unilateral liberalization: as the late British economist Joan Robinson once remarked, if your trading partner throws rocks into his harbor, that is no reason to throw rocks into your own. While un...
متن کاملWho Trusts Others?
Both individual experiences and community characteristics influence how much people trust each other. Using individual level data drawn from US localities we find that the strongest factors associated with low trust are: (i) a recent history of traumatic experiences; (ii) belonging to a group that historically felt discriminated against, such as minorities (blacks in particular) and, to a lesse...
متن کاملthe relationship between learners critical thinking ability and their performance in the reading sections of the tofel and ielts test
the study reflected in this thesis aims at finding out relationships between critical thinking (ct), and the reading sections of tofel and ielts tests. the study tries to find any relationships between the ct ability of students and their performance on reading tests of tofel and academic ielts. however, no research has ever been conducted to investigate the relationship between ct and the read...
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ژورنال
عنوان ژورنال: Journal of Political Economy
سال: 1899
ISSN: 0022-3808,1537-534X
DOI: 10.1086/250596