In modern economies, national governments have a wide
range of policies for restricting international trade and
protecting domestic industries at their disposal. The most
popular form of non-tariff trade policies is probably that
of a direct quantitative restriction. This policy takes
two principal forms: explicit import quotas and voluntary
export...
In explaining why service prices differ across countries
(both developed and developing countries), most studies have
paid attention to the role of structural variables such as
population, trade balance, resource abundance etc., by using
a full employment assumption. Due to the existence of high
urban unemployment in developing countries, the...
This paper uses general equilibrium static and dynamic
models to examine the economic and environmental effect of
capital liberalization policy based on the general
equilibrium static and dynamic models. The first topic
develops a static general equilibrium model of a small open
economy in the presence of unemployment with three...