Trade and US Inequality in the Tokyo Round
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Against a backdrop of sharply rising inequality, the Tokyo Round of the GATT resulted in a 1.6 percentage point reduction in average US tariffs larger than CUSFTA, NAFTA, and the liberalization accompanying the granting of PNTR to China. We construct a novel IV based on the so-called Swiss formula
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美国国家经济研究局创建时间：
2026-02-01
