Gouel, Christophe - Centre d'études prospectives et d'informations … - 2014
analyzes trade policy coordination when trade policies are driven by terms-of-trade effects and a desire to reduce domestic …-enforcing agreement generates asymmetric outcomes. Without cooperation, an importing country uses more frequently its trade policy because … cooperative trade policy because positive deviations from the mean price are larger than negative ones. Thus, the asymmetry of the …