Profits in the "New Trade" Approach to Trade Negotiations
American Economic Review · 2012 · Volume 102 · Issue 3
Abstract
I highlight two advantages of adopting a "new trade" approach to trade negotiations. First, it allows for a view of trade negotiations in which producer interests play a prominent role. And second, it lends itself naturally to quantitative analyses of non-cooperative and cooperative trade policy. My specific focus is on profit shifting effects through which countries can gain at the expense of one another.
Keywords
Trade Policy, International Trade Organizations, International Law
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