Historically, tariffs have been an attractive policy tool to protect domestic industries. The benefits of such a policy …

as tariffs, can continue to disadvantage foreign firms. We analyze the bidding strategies in such a game and show that … when domestic profits are valued, tariffs will be used to discriminate against foreign firms. Furthermore, we find that … optimal tariffs can be more protectionist than the optimal price preference, resulting in lower expected domestic welfare and …

as tariffs, can continue to disadvantage foreign firms. We analyze the bidding strategies in such a game and show that … when domestic profits are valued, tariffs will be used to discriminate against foreign firms. Furthermore, we find that … optimal tariffs can be more protectionist than the optimal price preference, resulting in lower expected domestic welfare and …

ahead then it always entails free trade. On the other hand, if a proposed agreement is over tariffs and if it goes ahead …

Historically, tariffs have been an attractive policy tool to protect domestic industries. The benefits of such a policy …

as tariffs, can continue to disadvantage foreign firms. We analyze the bidding strategies in such a game and show that … when domestic profits are valued,tariffs will be used to discriminate against foreign firms. Furthermore, we find that optimal … tariffs can be more protectionist than the optimal price preference, resulting in lower expected domestic welfare and total …

as tariffs, can continue to disadvantage foreign firms. We analyze the bidding strategies in such a game and show that … when domestic profits are valued, tariffs will be used to discriminate against foreign firms. Furthermore, we find that … optimal tariffs can be more protectionist than the optimal price preference, resulting in lower expected domestic welfare and …

Historically, tariffs have been an attractive policy tool to protect domestic industries. The benefits of such a policy …

as tariffs, can continue to disadvantage foreign firms. We analyze the bidding strategies in such a game and show that … when domestic profits are valued, tariffs will be used to discriminate against foreign firms. Furthermore, we find that … optimal tariffs can be more protectionist than the optimal price preference, resulting in lower expected domestic welfare and …