The four sectors include the following: beef where Canada expects large gains; motor vehicles, where Canadian production is expected to suffer; machinery and equipment which faces increased two - way trade; and beverages and tobacco, which were not liberalized to any extent and are largely impacted by income effects. (asiapacific.ca)
We propose that while there is a general relative income effect on redistribution preferences, the preferences of the rich are highly dependent on the macrolevel of inequality. (blog.politics.ox.ac.uk)
The additional income accrues most directly to shareholders of the resources companies, some of which are foreign entities, but there is a substantial domestic income effect. (rba.gov.au)