Ketterer, Tobias D.; Bernhofen, Daniel; Milner, Chris - In: Journal of International Economics 92 (2014) 1, pp. 63-77
If a free trade agreement (FTA) is characterized by the exchange of market access with a large and competitive trading partner, the agreement can cause a leakage of protectionist benefits to domestic industry from lobbying against external tariff cuts. This rent destruction effect of an FTA can...
