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The 2008 Financial Crisis and the Lack of Retaliatory Trade Intervention

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NBER2016-01-01 更新2025-01-04 收录
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The 2008 financial crisis did not precipitate global retaliatory trade intervention, in seeming contrast to the Great Depression in 1930s. This paper discusses the influence of model structure in optimal tariff (OT) calculations in explaining this puzzle. We emphasize how earlier literature reports

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2016-01-01
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