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Voluntary export restranits and resource allocation in exporting countries.

By:

Melo, Jaime de; Winters, Alan L

Material type:

TextPublication details: Washington : Wolrd Bank, 1990.Subject(s):

Exports
Resources allocation

Summary: By reducing the marginal revenue of the factors of production, a voluntary export restraint causes an exporting country's industry to contract.

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By reducing the marginal revenue of the factors of production, a voluntary export restraint causes an exporting country's industry to contract.

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