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- W139178002 abstract "This chapter is based on chapter 6 of Feenstra (2004), which is here summarized, with minor additions and no specific quotations. In this chapter we further explore the gains from trade. The motivation is that, even when a country gains from trade, there might be winners and within it, and we want to identify them. Moreover, when there is preferential or discriminatory trade among countries, we also need to study when a country gains or loses from being, or not being, a member of a preferential trade area (PTA). Finally, in comparing such alternative trading equilibria, we should also study how losers could, if at all, be compensated on the basis of those who gain." @default.
- W139178002 created "2016-06-24" @default.
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- W139178002 date "2009-01-01" @default.
- W139178002 modified "2023-09-27" @default.
- W139178002 title "Gains from trade and preferential trading areas" @default.
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