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The Relative Impact of Trade Liberalization on Developing Countries

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Publication Date: June 2002

Publisher(s): Center for Economic and Policy Research

Author(s): Mark Weisbrot; Dean Baker

Topic: Trade (Common markets, free trade associations, and monetary unions)

Keywords: Domestic production; Merchandise exports; Relative prices

Type: Report

Coverage: Africa

Abstract:

This paper examines the costs associated with trade liberalization in developing countries and finds that developing countries may benefit at least as much from a restructuring of the international financial system as from progress on trade liberalization.