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SCOPUS 학술저널

On Welfare Comparisons among Trade Policies

On Welfare Comparisons among Trade Policies

Welfare comparisons of two states with commodities trade and factor trade are made in a general many commodity, many factor and two country framework. As a corollary sufficient conditions for various trade policies such as commodities trade with factor trade, commodities trade without factor trade and autarky to be better than the others are derived.

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