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Is the United States a large country in world trade? further evidence and implications for globalization
DOI link for Is the United States a large country in world trade? further evidence and implications for globalization
Is the United States a large country in world trade? further evidence and implications for globalization book
Is the United States a large country in world trade? further evidence and implications for globalization
DOI link for Is the United States a large country in world trade? further evidence and implications for globalization
Is the United States a large country in world trade? further evidence and implications for globalization book
ABSTRACT
The United States does not satisfy two necessary conditions for being a large country in world trade with monopsony power: sufficiently high market shares to control prices for nontransitory periods and the ability to change world prices using protection.