Journal of Undergraduate Research
Keywords
regressions on trade, sensitivity analysis, industrialized nations
College
Family, Home, and Social Sciences
Department
Economics
Abstract
As the world economy becomes more integrated, questions of trade and living standards become more relevant. Developing countries see the standard of living in the industrialized nations and wonder how they can achieve the same level of prosperity. One viewpoint is that a crucial part of development for the nations of the world is access to the large consumer markets of the United States and Europe. Developing countries want open borders that will allow them to sell competitively in the industrialized nations. Many people in these industrialized countries worry about what kind of effect such open access will have on domestic jobs.
Recommended Citation
McIntyre, Frank and Phillips, Dr. Kerk
(2014)
"Thirty Thousand Regressions on Trade: a Sensitivity Analysis,"
Journal of Undergraduate Research: Vol. 2014:
Iss.
1, Article 181.
Available at:
https://scholarsarchive.byu.edu/jur/vol2014/iss1/181