Trading Blocs and Welfare : How Trading Bloc Members Are Affected by New Entrants /

This paper uses the three-country duopoly model to examine the effects of lowered trade barriers when a new entrant joins a trading bloc. There are two firms-a small-country firm and a large-country firm within the bloc-and three markets-two within and one (new entrant's) outside the bloc. The...

Full description

Bibliographic Details
Main Author: Hacker, R.
Other Authors: Hussain, Qaizar
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1998.
Series:IMF Working Papers; Working Paper ; No. 1998/084
Online Access:Full text available on IMF