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Despite recent modifications, the Economic Partnership Agreement (EPA) between the European Union (EU) and West African (WA) countries is still being criticized for its potential detrimental effects on WA countries. This paper provides updated evidence on the impact of the EPA on these...
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We consider a general equilibrium model of international trade with two identical countries, two commodities, a terms-of-trade externality, and two layers of informational asymmetries. First, domestic producers have private information on their technology. Such within-country informational...
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