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Macroeconomics distortions: static losses and their effect on the efficiency of investment.

By: Lopez, Ramon.
Material type: materialTypeLabelBookSeries: The World Bank working papers no. 665. Publisher: Washington : World Bank, 1991Subject(s): Foreign investment | TradeSummary: Trade distortions can reduce the social efficiency of investment even a moderate, uniform tariff of 50 percent could reduce the efficiency of investment by almost a quarter.
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Trade distortions can reduce the social efficiency of investment even a moderate, uniform tariff of 50 percent could reduce the efficiency of investment by almost a quarter.

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