Rethinking Competitive Trade Models
This book shows competitive trade models to recast them from the perspective of an economy that is beset with corruption and related intermediation that requires some sort of cost. It innovatively transforms traditional models (HOSV, SFM, HO nugget) by treating intermediation as a distinct economic sector that consumes factor......
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This book shows competitive trade models to recast them from the perspective of an economy that is beset with corruption and related intermediation that requires some sort of cost. It innovatively transforms traditional models (HOSV, SFM, HO nugget) by treating intermediation as a distinct economic sector that consumes factors of production.
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