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Free Trade vs. Strategic Trade: A Peek into Pandora's Box

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NBER1997-10-01 更新2025-01-04 收录
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We investigate whether a welfare-maximizing government ought to pursue a program of" strategic trade intervention or instead commit itself to free trade when domestic firms will have an opportunity to manipulate the government's choice of the level of" intervention. Domestic firms may overinvest in

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1997-10-01
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