The American Economic Review, Volume 87,Edições 4-5American Economic Association., 1997 |
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Página 506
... trade liberalization . If a bilateral trade agreement offers disproportionately large gains to key agents in a country , then their reservation utility is raised above the multilateral free - trade level , and a multilateral agreement ...
... trade liberalization . If a bilateral trade agreement offers disproportionately large gains to key agents in a country , then their reservation utility is raised above the multilateral free - trade level , and a multilateral agreement ...
Página 508
... trade pro- posal is not politically feasible under autarky- because the median voter and thus at least half the populace oppose it - then that same mul- tilateral proposal cannot be rendered feasible by any bilateral free - trade ...
... trade pro- posal is not politically feasible under autarky- because the median voter and thus at least half the populace oppose it - then that same mul- tilateral proposal cannot be rendered feasible by any bilateral free - trade ...
Página 512
... trade area . In the first stage of voting , voters in both countries decide whether to continue functioning in au- tarky or whether to join to form a free - trade area ( AB ) . In the second stage , voters will de- termine whether to ...
... trade area . In the first stage of voting , voters in both countries decide whether to continue functioning in au- tarky or whether to join to form a free - trade area ( AB ) . In the second stage , voters will de- termine whether to ...
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