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Trade Liberalisation of Intermediate Inputs |
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| Authors: | Mary Amiti |
| Institution: | Department of Economics, The University of Melbourne |
| Abstract: | This paper considers the effects of tariff cuts in the intermediate inputs market. Traditional trade theories predict that upstream industries would contract and downstream industries would expand. In contrast, new trade theories show that trade liberalisation of the intermediate inputs market may expand both upstream and downstream industries. |
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