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Optimum Tariffs and Retaliation: How Country Numbers Matter
(Vanderbilt University, 2008)
This paper presents a North-South model of international trade in which (i) there is a relatively small number of countries in the North and (ii) the North is relatively abundant in capital while the South is relatively ...
Optimim Tariffs and Retaliation: How Country Numbers Matter
(Vanderbilt University, 2009)
This paper identifies a new terms-of-trade externality that is exercised through tariff setting. A North-South model of international trade is introduced in which the number of countries in each region can be varied. As ...