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Trade Policy and Market Power: The Case of the US Steel Industry

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NBER2007-12-01 更新2025-01-04 收录
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A primary function of trade policy is to restrict imports to benefit the targeted domestic sector. However, a well-established theoretical literature highlights that the form of trade policy (e.g., quotas versus tariffs) can have a significant impact on how much trade policy affects firms' abilities

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2007-12-01
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