Market presence, contestability, and the terms-of-trade effects of regional integration
By: Maurice Schiff and Won Chang.
Contributors: Chang, Won.; World Bank.
Series: Policy research working paper ;; 2532; Policy research working papers (Online) ;; 2532.
Publisher: World Bank, Development Research Group, Trade
Published: 2001
Place of publication: Washington, D.C
Language: eng
Format: Electronic resource
Subjects: Competition, International.; International trade.; Terms of trade.; Regionalism.
Description: How firms react to a given shock may depend on the degree to which rivals are present and on whether potentially viable entrants to that market exist. A preferred supplier market presence and threat of entry lessen a nonmember country's price reaction to most-favored-nation trade liberalization and increase its price reaction to preferential trade liberalization.
Notes: Includes bibliographical references.
Title from title screen as viewed on Sept. 23, 2002.
"January 2001"--Cover.
Also available in print.
Mode of access: World Wide Web.