Britain has traditionally tried to protect its livestock, fish and shellfish production industries from many serious diseases by restricting imports of live animals- fish and shellfish to those from countries free of specified important diseases affecting particular classes of stock. Although the primary aim of the European Union has been...
The Byrd Amendment permits US firms that petition successfully for antidumping duties to collect tariff revenues. Whether these payments strengthen the duty’s ability to raise price depends crucially on market structure. In a competitive market where domestic and imported goods are imperfect substitutes, the payments are akin to a production...
Most trade literature is concerned with gains from free trade under the assumption that traded goods are produced under complete property rights. Seldom have researchers examined the consequences of free trade in the presence of incomplete property rights over renewable natural resources. In this paper, we explore these consequences. In...