Market presence, contestability, and the terms-of-trade effects of regional integration / Maurice Schiff and Won Chang

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...

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Bibliographic Details
Main Authors:Schiff, Maurice W., 1950-
Corporate Authors:World Bank
Other Authors:Won Chang
Format: Online-Resource
Language:English
Published:Washington, D.C : World Bank, Development Research Group, Trade, 2001
Series:Policy research working paper
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