The benefits and costs of the UK arms trade |
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| Authors: | Keith Hartley |
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| Institution: | Centre for Defence Economics , University of York , Heslington, York, YO10 5DD |
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| Abstract: | A benefit‐cost framework and the associated evidence is used to evaluate UK arms exports. Two issues are examined in detail. First, trade externalities; and second, a case study of the problems and costs of maintaining the UK submarine industrial base without exports. |
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| Keywords: | UK arms exports Benefits and costs Trade externalities UK submarine industrial base |
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