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Price Dispersion and the Effectiveness of Integration Efforts
Using a specifically developed measure I find evidence that NAFT A, MERCOSUR, and EU membership are significantly correlated with decreased price dispersion. This suggests that these agreements have increased market ...
Why Openness Matters: Evidence from the Developing World
In this paper I present a realistic scenario about the open-economy framework. I acknowledge the unfair practices imposed by the industrialized nations lead to structural adjustments in the domestic economy. However, I ...