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Introduction and Summary
General Principles and Propositions
The Empirical Evidence
5 other sections not shown
adjustment airline anti-dumping applied assets and inflation Blanchard border controls capital capital accumulation cartel Cassis de Dijon catching-up cent Common Agricultural Policy common market competition consumers costs countries with relatively country of origin demand deregulation developing countries distorted Dornbusch dynamic E.C. Commission economic growth EEC Countries effect employment Europe Europe's European Communities exchange rate expected external liberalisation external protection faster growth foreign free trade freer GATT governments harmonisation high VAT levels income incomes policy inflation induced internal and external Internal Market international sector labour Layard Liberalisation for Faster liberalisation of trade macro-economic policies Macroeconomic Policy Group Monetary assets moral hazard NICs norms NTBs opportunities potential output pressure principle privatisation productivity growth protectionism protectionist quotas Reati regulatory relative prices relatively high VAT Steinherr structural subsidies suppliers supply supply shock technical progress textiles third countries tion Total Factor Productivity VAT rates Voluntary Export Restraint White Paper