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Note: Below is a description of the paper and not the actual abstract. This literature review uncovers common conclusions about the effects of integration on location. When high trade costs prevent strong spatial interactions, the size and characteristics of the local market and factor...
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This paper makes three observations about international trade and immigration. (i)" Borjas has argued that immigration may yield a net social benefit even though it hurts those less-skilled workers who directly compete with immigrants. I show that this closed-economy" argument unravels when...
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