TY - JOUR AU - Strebel,Paul AU - Donnenfeld,Shabtai TI - Trade Policy and Import Competition under Fluctuating Prices JF - National Bureau of Economic Research Working Paper Series VL - No. 628 PY - 1981 Y2 - February 1981 UR - http://www.nber.org/papers/w0628 L1 - http://www.nber.org/papers/w0628.pdf N1 - Author contact info: shabtai donnenfeld E-Mail: donnenfd@yorku.ca AB - When subsidies and tariffs are applied to imports with fluctuating prices, it is shown that the output response of domestic producers depends on market structure and their attitude toward risk. The domestic industry response is contrasted under two types of market structure, a monopoly and a competitive industry. Some unanticipated results suggest caution in the implementation of trade policy. ER -