Trade negotiations when market access matters
This paper analyses GATT/WTO trade negotiations in an oligopolistic multi-country setting and identifies a new rationale for trade agreements. When set unilaterally, tariffs are inefficiently high, both for familiar terms-of-trade reasons, but also to restrict market access of foreign firms. Trade...
Main Author: | Mrazova, M |
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Format: | Working paper |
Published: |
University of Oxford
2009
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