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Welfare Aspects of International Trade in Goods and Securities

Elhanan Helpman^1,2; Assaf Razin¹

¹ Tel Aviv University · ² University of Rochester

I. Introduction, 489.—II. The model, 490.—III. A diagrammatical exposition of stock market equilibrium and the balance of payments, 495.—IV. Gains from trade, 499.—V. Commodity trade taxes and welfare losses, 501.

DOI

10.2307/1883155

Volume

92 (3)

Pages

489

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