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This paper provides an economic analysis of the trade conflict between the US and China, providing an overview of the …
Persistent link: https://www.econbiz.de/10012884411
Although trade wars have existed throughout modern history, there is little empirical evidence as to how countries choose which industries to target for retaliatory tariffs. We develop a political economy model of trade policy to explain a country’s choice of product for retaliation and test...
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This paper provides an economic analysis of the trade conflict between the US and China, providing an overview of the … average to 17% between the US and China, and the Phase One Agreement signed in January 2020 between the two countries only … and China in 2019 and is accompanied by considerable trade diversion to imports from other regions, leading to a …
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