Why Resisting Globalization Can Be Reasonable

Kenji Fujiwara ()

Economics Bulletin, 2006, vol. 6, issue 5, 1-8

Abstract: A two-agent model of international trade with oligopoly and increasing returns is proposed to address why there have been persistent anti-trade-liberalization movements. It is shown that all of a country's residents lose from trade under certain conditions on the cross-country cost structure.

JEL-codes: F1 (search for similar items in EconPapers)
Date: 2006-03-19
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