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Author: Monika Mrazova
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We provide a general characterization of which firms will select alternative ways of serving a market. If and only if firms' maximum profits are supermodular in production and marketaccess costs, more efficient firms wil...Read more...
Monika Mrazova and J. Peter Neary
31 October 2012
This paper shows that the WTO's Article XXIV increases the likelihood of free trade, but may worsen world welfare when free trade is not reached and customs unions (CUs) form. We consider a model of many countries. Artic...Read more...
Monika Mrazova, David Vines and Ben Zissimos
November 2010