Rombout, M.

trade country price effect capital figure investment income country b world import model partner trade diversion equation tariff equilibrium point change agreement capital stock curve production stock result export world prices offer formation diversion tariff revenue trade creation consumption economy partner country figure 3 integration factor function policy trade agreements enlargement capital accumulation investment indexes trade effect investment effects trade arrangements revenue point e accession terms-of-trade literature x 2 b trading shift increase section accumulation x 1 b mexico accumulation effect institute capital stocks engel curve theory approach state trade policy pta episodes heckscher-ohlin arrangement tinbergen property amsterdam place nafta steadystate economic creation framework