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The dynamic behaviour of quota license prices:theory and evidence from the Hong Kong apparel quotas.

By: Material type: TextPublication details: Washington : World Bank, 1993.Subject(s): Summary: The authors argue that welfare evaluations and reform recommendations in many studies may need to be reworked to account for the possibility that the quota licence market is not perfectly competitive for Hong Kong.
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The authors argue that welfare evaluations and reform recommendations in many studies may need to be reworked to account for the possibility that the quota licence market is not perfectly competitive for Hong Kong.

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