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Federal Reserve Bank of Richmond: 'How Does Trade Policy Get Decided?'
March 24, 2022
RICHMOND, Virginia, March 24 (TNSRep) -- The Federal Reserve Bank of Richmond issued the following economic brief (No. 22-11) in March 2022.

The economic brief was written by Santiago Pinto, senior economist and policy advisor in the research department.

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The interests of districts play a crucial role in trade policymaking. Districts with heterogenous political and economic preferences form coalitions and bargain in the legislature to reach an acceptab . . .

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