Market presence, contestability, and the terms-of-trade effects of regional integration
How firms react to a given shock may depend on the degree to which rivals are present and on whether potentially viable entrants to that market exist. A preferred supplier market presence and threat of entry lessen a nonmember country's price reaction to most-favored-nation trade liberalization...
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| Format: | eBook |
| Language: | English |
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Washington, D.C
World Bank, Development Research Group, Trade
2001
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| Series: | Policy research working paper
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| Collection: | World Bank E-Library Archive - Collection details see MPG.ReNa |
| Summary: | How firms react to a given shock may depend on the degree to which rivals are present and on whether potentially viable entrants to that market exist. A preferred supplier market presence and threat of entry lessen a nonmember country's price reaction to most-favored-nation trade liberalization and increase its price reaction to preferential trade liberalization |
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| Item Description: | "January 2001"--Cover. - Includes bibliographical references. - Title from title screen as viewed on Sept. 23, 2002 |