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Ecuador’s trade-restricting response to the crisis

Paul Krugman notes that Ecuador, which uses the US dollar, has adopted broad tariff increases to tackle its current account deficit amidst the current crisis, right in line with the Eichengreen-Irwin explanation of fixed rates and protectionism.

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This entry was posted in Protectionism on 27 October 2009 by jdingel.

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Jonathan Dingel is an associate professor of economics at Chicago Booth.

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