TOULEMONDE, Eric - Center for Operations Research and Econometrics (CORE), … - 2007
when
trade costs fal. The fal also induces multinationals to repatriate their production into
a single country, which is …
proportionate share of firms from an industry that produces differentiated
goods, and this effect is amplified at lower trade costs … understand this result, consider single-
plant firms in two countries with prohibitive trade costs. Under reasonable
assumptions …