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This distorts terms of trade dynamics and magnifies the welfare costs of tariff wars during a pandemic due to lower levels of consumption and production as well as smaller gains via diversification of infection curves across economies.

In order to make the frontiers of research in these areas more advanced, testing can reveal infection that otherwise would only be revealed later when symptoms develop.

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How much can political leaders influence compliance with such measures? These limitations may bias forecasts and lead forecasters to overstate confidence in their predictions.

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