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The Impact of Financial Market Frictions on Trade Flows, Capital Flows and Economic Development

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Figure

Table 1: The Impact of Agency Costs on the Autarkic Equilibrium
Table 2: Trade and Changes in the Distribution
Figure 1: Equilibrium under Autarky IV II  I  III r  P I: Excess Demand GM, Excess Demand FM  II: Excess Demand GM, Excess Supply FM  III: Excess Supply GM, Excess Supply FM  IV: Excess Supply GM, Excess Demand FM

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