Trade Liberalisation and Shadow Prices in the Presence of Tariffs and Quotas.
This paper examines the welfare effects of trade liberalization and economic growth in an economy which is large enough to influence world prices and in which trade is restricted by both tariffs and quotas. The author derives general expressions for shadow prices of goods and foreign exchange and us...
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| Format: | Journal article |
| Idioma: | English |
| Publicat: |
1995
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