00607nam a2200085Ia 4500100002000000245006400020260000900084520040900093583001900502 aMARTIN, Stephen aTrade and competition : industrial economist's perspective. c1999 aConcludes that theory and empirical evidence both suggest that free trade increases competition, improves market performance in imperfectly competitive international markets, and increases not only overall welfare but also the welfare of individual trading nations. States that there is little reason to think that strategic trade policy - subsidies or export cartels - will improve market performance. c3/7/00kM2LMGR