Trade restrictions with imported intermediate inputs: when does the trade balance improve?.
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TextPublication details: Washington : World Bank, 1989.Subject(s): Summary: This paper contends that when imports are predominantly intermediate inputs, import restrictions act as a supply shock to the economy and therefore cannot always be relied on to improve the trade balance.
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This paper contends that when imports are predominantly intermediate inputs, import restrictions act as a supply shock to the economy and therefore cannot always be relied on to improve the trade balance.
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