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Constructing a two-good (competitive and imperfectly-competitive goods), two-primary factor (capital and labor) and two-country model of international trade where the imperfectly-competitive sector is subject to increasing returns to scale, we establish an oligopolistic version of the...
Persistent link: https://www.econbiz.de/10005770178
In this paper, the authors employ a three-country, two-good, general equilibrium model to analyze bilateral quota wars. It is shown that the presence of a third country or a number of countries that trade freely leads to fundamentally different results of retaliation: bilateral quota wars need...
Persistent link: https://www.econbiz.de/10005770189
Persistent link: https://www.econbiz.de/10005604635
Persistent link: https://www.econbiz.de/10005608817