Modelling trade war between two countries under the international division of Labour
This study aims to determine the trigger conditions behind trade wars and explore the prerequisites required to institute trade subsidies. Additionally, it investigates the potential effectiveness of both a trade war and a trade subsidy within an economic framework shaped by the international divisi...
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Format: | Article |
Language: | English |
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Elsevier
2024-02-01
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Series: | Heliyon |
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Online Access: | http://www.sciencedirect.com/science/article/pii/S2405844024006649 |