Subsidized buyer credits: Atypical results in strategic trade theory


Article
pp 205-210.
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Using subsidized buyer credit as a policy tool, it is shown that the general result of strategic trade policy, namely that, by committing itself to an export subsidy, any government can favorably change the outcome of the Cournot oligopoly, does not necessarily hold.



Keywords


Automatically Extracted Terms
  • subsidy
  • credit
  • export
  • buyer credit
  • trade
  • policy
  • economic
  • country
  • buyer
  • world lending rate
  • interest
  • trade policy
  • result
  • function
  • buyer credits
  • /31
  • letter
  • world
  • value
  • third-country