This paper demonstrates that multilateral trade liberalization is in the mutual interests of the developed and the developing countries. For one thing, reducing their own protection lessens the economic cost involved and contributes to economic growth in the two groups of countries. For another thing, lowering protection by their trading partners provides them with increased market possibilities. The paper proposes that trade liberalization be undertaken...
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INFORMATION
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1985/10/31
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Document de travail (série numérotée)
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ERS4
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1
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1
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2012/02/15
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Disclosed
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Liberalizing world trade
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