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What is Colombian Trade in the 20th Century about?

This document summarizes the main hypotheses regarding Colombian foreign trade policy in the 20th century. It argues that trade policy was endogenous and responded to external economic conditions rather than exogenous political decisions. Specifically, periods of trade liberalization coincided with increases in export revenues and access to international financing, while protectionism was necessitated by a lack of export opportunities and limited access to financing. The document also notes two stylized fac

Author

Esteban Zapata

Language

EN