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Kenji Fujiwara
''Why Resisting Globalization Can Be Reasonable''
( 2006, Vol. 6 No.5 )
A two-agent model of international trade with oligopoly and increasing returns is proposed to address why there have been persistent anti-trade-liberalization movements. It is shown that all of a country's residents lose from trade under certain conditions on the cross-country cost structure.
JEL: F1 - Trade: General
Manuscript Received : Jan 19 2006 Manuscript Accepted : Mar 19 2006

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