Since there are diminishing returns to the removal of further trade barriers, economists do not favor further negotiations.
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Q4: Developed countries have lost comparative advantage in
Q5: Large and efficient agricultural producers like Argentina
Q6: High-income industrial nations such as the United
Q7: Why do both developed and less-developed countries
Q8: The pattern of protection in industrial countries
Q10: The average nonagricultural tariff in the U.S.
Q11: Explain how potential gains from further reductions
Q12: Countries like Argentina and Australia protect agriculture
Q13: At this point, potential gains from further
Q14: The WTO's Doha Development Agenda is only
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