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- W2076607001 abstract "Voluntary Import Expansion is a policy under which one country (Japan) agrees to import a minimum quantity of a commodity from another country (U.S.) It turns out that Japan is better off under an equivalent export subsidy; the U.S. is better off under a VIE; and the welfare of a third-country is higher under a policy which improves its term of trade. The “optimum” VIE for the U.S. results in a trade equilibrium point where the U.S. fnter curve is of unitary elasticity. We also consider the case of a U.S. export which is Giffen good in Japan." @default.
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- W2076607001 date "1990-01-01" @default.
- W2076607001 modified "2023-10-15" @default.
- W2076607001 title "AN ANALYSIS OF IMPORT EXPANSION POLICIES" @default.
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- W2076607001 doi "https://doi.org/10.1111/j.1465-7295.1990.tb00805.x" @default.
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