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Empirical evidence supports the proposition that national income growth is strongly affected by trade specialization and comparative advantage in eight economic sectors. Commercial policy distortions and factor intensity reversals explain why trade does not always fit the skilled labor continuum...
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"Many factors shape the global network of bilateral trade including fundamental forces of supply and demand factors and government policies. This study uses the generalised gravity framework to distinguish among the different drivers that either deter or aid partner trade in land-intensive...
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The rapid increase in the number of bilateral and regional free-trade agreements since 1995 is a striking development. The proliferation of these agreements has raised questions among academicians and policymakers about whether they have, in fact, opened markets, created trade, promoted economic...
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