International trade in βquality goodsβ:
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John Hudson; Philip Jones
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Article
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2003
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John Wiley and Sons
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English
β 113 KB
## Abstract Consumers evaluate product quality with information signals such as brand name giving an advantage to established firms over other firms even when introducing a new product. Another signal is βcountry of originβ and, as highβincome countries focus more heavily on higher quality goods, t