Commercial Policy in a Predatory World∗

Abstract

Mutual causation of predation and trade induces novel effects of commercial policy in this paper. The model can explain trade volume responses to market widening initiatives that are otherwise puzzlingly ‘too big’ or ‘too small’. Efficient commercial policy (broadly defined) depends crucially on the strength of enforcement. Externalities arising between… (More)

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Cite this paper

@inproceedings{Anderson2008CommercialPI, title={Commercial Policy in a Predatory World∗}, author={James E Anderson}, year={2008} }