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  • The Economic effects of trade liberalization under oligopoly

    Creator:
    Cho, Bong-Jae
    Abstract:
    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...
    Resource Type:
    Masters Thesis
    Full Text:
    welfare W, following trade liberalization becomes the sum of the autarkic state of welfare and the change