The US Gains From Trade: Valuation Using the Demand for Foreign Factor Services
About eight cents out of every dollar spent in the United States is spent on imports. What if, because of a wall or some other extreme policy intervention, imports were to remain on the other side of the US border? How much would US consumers be willing to pay to prevent this hypothetical policy cha...
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Format: | Article |
Language: | English |
Published: |
American Economic Association,
2020-07-08T22:04:18Z.
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Online Access: | Get fulltext |