Why Resisting Globalization Can Be Reasonable

A two-agent model of international trade with oligopoly and increasing returns is proposed to address why there have been persistent anti-trade-liberalization movements. It is shown that all of a country's residents lose from trade under certain conditions on the cross-country cost structure.

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Year of publication:	2006
Authors:	Fujiwara, Kenji
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 6.2006, 5, p. 1-8
Publisher:	AccessEcon

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Classification:	F1 - Trade
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005182004