search query: @indexterm TRADE BARRIERS / total: 389
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| Author: | Raff, H. Schmitt, N. |
| Title: | Endogenous vertical restraints in international trade |
| Journal: | European Economic Review
2005 : OCT, VOL 49:7, p. 1877-1889 |
| Index terms: | contracts international trade trade barriers |
| Language: | eng |
| Abstract: | This article studies international trade by examining competition between a domestic and a foreign manufacturer in a market, where contracts offered by product intermediaries are endogenous and may specify exclusive territories. The author finds that the liberalization of trade may lead to manufacturers using exclusive territories. As a result, competition and welfare may decrease and therefore create a demand for a competition policy in a freer trade environment. |
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