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A prominent explanation for why trade is not free is politicians' desire to protect some of their constituents at the expense of others. In this paper we develop a methodology that can be used to reveal the welfare weights that a nation's import tariffs implicitly place on different groups of...
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This article examines the political economy of free trade agreements. It assumes that, unlike labour, capital in two countries is owned and represented by the same lobby group. Using a Heckscher-Ohlin framework, factors affecting the likelihood of political parties and lobby groups supporting...
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This paper aims to explain the historical development of Australia's foreign economic policy by using an analytical framework called a 'state-society coalition' approach. This approach focuses on virtual coalitions of state and society actors that share 'belief systems' and hold similar policy...
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This paper offers new insights on a central question in trade and development economics: does increased exposure to foreign competition generate gains in plant productivity? We find that it does. We examine Colombian trade policy from 1977 to 1991, a period during which trade liberalization...
Persistent link: https://www.econbiz.de/10001734970
Contingent Protection has grown to become an important trade restricting device. In the European Union, protection instruments like antidumping are used extensively. This paper analyses whether macroeconomic pressures may contribute to explain the variations in the intensity of antidumping...
Persistent link: https://www.econbiz.de/10001905649
This chapter introduces the general and security exceptions in Articles XX and XXI of the General Agreement on Tariffs and Trade 1994 (‘GATT 1994’) and Articles XIV and XIV bis of the General Agreement on Trade in Services (‘GATS’). The general exceptions are key provisions of the GATT...
Persistent link: https://www.econbiz.de/10014176076