Foreign-owned capital and endogenous tariffs
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Author
Contributions
- World Bank. Development Research Group. Trade. - Contributor
Publication
1999 - World Bank, Development Research Group, Trade, Washington, DC, District of Columbia
Language
English
Word Count
5,250 words, Guess
Page Count
21 pages
Identifiers
- Library of Congress Control Number00711633
- OCLC Control Number42866360
- Open LibraryOL6901036M
Classifications
- LCCHG3881.5.W57 P63 no. 2205
Description
The increase in investment abroad during the past two decades may help explain the simultaneous worldwide rush toward free trade. The entry of foreign capital may change the political game, increasing openness to international trade no matter what form the foreign capital takes (whether entering by acquiring equity in existing domestic firms or by bringing foreign firms into the host economy) or what its trade orientation (whether it enters the export or import-competing sector).
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