Hidden Bibliographic Details
| Other authors / contributors: | Hussain, Qaizar, author.
International Monetary Fund, issuing body.
IMF Institute.
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| ISBN: | 1281602493
9781281602497
145189676X
9781451896763
1462317685
9781462317684
1452705852
9781452705859
9786613783189
6613783188
9781451850611
1451850611
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| ISSN: | 2227-8885
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| Notes: | Includes bibliographical references (page 25).
Restrictions unspecified
Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | This paper uses the three-country duopoly model to examine the effects of lowered trade barriers when a new entrant joins a trading bloc. There are two firms-a small-country firm and a large-country firm within the bloc-and three markets-two within and one (new entrant's) outside the bloc. The analysis generally shows greater gains for the small-country than for the large-country firm. The small-country firm will export more to the external country than the large-country firm. But if tariffs decline, the export share of the large-country firm will increase relative to the small-country firm's, though profits will improve more for the latter.
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| Other form: | Print version: Hacker, R. Scott. Trading blocs and welfare. [Washington, D.C.] : International Monetary Fund, IMF Institute, ©1998
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| Standard no.: | 10.5089/9781451896763.001
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