Three Essays on the Political Economy of Trade Policy
Author: Hyeok Ki Min
Publisher:
Published: 2008
Total Pages: 204
ISBN-13: 9780549627722
DOWNLOAD EBOOKChapter 3 explores whether interest groups can reach a bargaining agreement on the imposition of tariff if we allow the bargaining opportunity. It depends on the presence of the redistribution of tariff revenues. In the absence of the redistribution of tariff revenues, it is impossible for interest groups to reach an agreement. However, a bargaining agreement on tariffs can be reached in the presence of the redistribution of tariff revenues.