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NBER WORKING PAPER SERIES DETERIORATION OF THE TERMS OF TRADE AND
NBER WORKING PAPER SERIES DETERIORATION OF THE TERMS OF TRADE AND

... oction snals zes is equilibriumdynamics. Section 4 examines the long—run effects of a terms of trade shock, while Section 5 examines its short run and dynamic effects. Conclusions are summarized ...
1 - World bank documents
1 - World bank documents

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... Investing in inclusive and sustainable development  Overall public expenditure and investment requirements to implement such a policy package vary across countries  Total investment needs of above package of policies 5% to 8% of GDP by 2030  Public investment needed to deliver policies to sustain ...
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... b = higher marginal cost of domestically producing sugar that could have been produced more cheaply abroad. d = loss of consumer surplus from the drop in consumption Consumers are worse off. Loss of consumer surplus: areas a, b, c, and d. b+d = Net welfare loss to the US economy Chapter 19 ...
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... government at that time, NAFTA represented much more than a tradeboosting venue. It was the culmination of a radical change in the development strategy that Mexico had implemented since the mid1980s. This change involved abandoning import substitution and stateled industrialization, and adopting ins ...
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This PDF is a selection from an out-of-print volume from... Bureau of Economic Research

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Chapter 19
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FTZ Development for Export-oriented Industrialisation in Penang
FTZ Development for Export-oriented Industrialisation in Penang

... zone firms. This institutional setting discourages the ...
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Protectionism

Protectionism is the economic policy of restraining trade between states (countries) through methods such as tariffs on imported goods, restrictive quotas, and a variety of other government regulations designed to allow (according to proponents) fair competition between imports and goods and services produced domestically.This policy contrasts with free trade, where government barriers to trade are kept to a minimum. In recent years, protectionism has become closely aligned with anti-globalization and anti-immigration. The term is mostly used in the context of economics, where protectionism refers to policies or doctrines which protect businesses and workers within a country by restricting or regulating trade with foreign nations.
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