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| Kenji Fujiwara |
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| ''Why Resisting Globalization Can Be Reasonable'' |
| ( 2006, Vol. 6 No.5 ) |
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| A two-agent model of international trade with oligopoly and increasing returns is proposed to address why there have been persistent anti-trade-liberalization movements. It is shown that all of a country's residents lose from trade under certain conditions on the cross-country cost structure. |
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| Keywords: |
JEL: F1 - Trade: General
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| Manuscript Received : Jan 19 2006 | | Manuscript Accepted : Mar 19 2006 |
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