When is it Optimal to Delegate: The Theory of Fast-track Authority
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With fast-track authority (FTA), the US Congress delegates trade-policy authority to the President by committing not to amend a trade agreement. We suggest an interpretation in which Congress uses FTA to forestall destructive competition between its members for protectionist rents. We show that FTA
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美国国家经济研究局创建时间：
2012-02-01
