登入選單
返回Google圖書搜尋
Why are Trade Agreements More Attractive in the Presence of Foreign Direct Investment?
註釋This paper argues that interests of nationals and owners of home-based foreign capital in the formation of a trade agreement are not antagonistic, except under rather particular assumptions on initial tariffs among potentional members. Further, if initial tariffs are endogenously determined through an industry-lobbying process, then TA that would have been immisering in the absence of foreign direct investment, may be welfare-enhancing in the presence of foreign-owned firms