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Optimum Tariffs and Retaliation: How Country Numbers Matter
(Vanderbilt University, 2008)
This paper presents a North-South model of international trade in which (i) there is a relatively small number of countries in the North and (ii) the North is relatively abundant in capital while the South is relatively ...
Competition over Standards and Taxes
(Vanderbilt University, 2008)
We show that, in competition between a developed country and a developing country over standards and taxes, the developing country may have a 'second mover advantage.' A key feature of standards is that, unlike public goods ...