Borchert, Ingo (contributor) - 2008
trade diversion due to the preferential application of
tariffs” (p.484). MacPhee(1992, p.21 …% reduction in intra-North American
tariffs causes a 2.8–3.9% decline in the import ratio from outside countries (p.432). The
idea …, gt, and tariffs, ¿t.5 Since the latter two are importer-
5Thus the model employs the usual iceberg assumption on …