A model for liberalizing nursing and trade

This paper proposes a model for liberalizing nursing and trade and analyses the welfare effects of nurse and trade liberalizations. We show that the welfare effects of nurse liberalization depend on the income enhancing (I-E) and tariff revenue (TR) effects and that contrary to the conventional (Heckscher-Ohlin) model of capital imports the former is not always zero and the latter is not always negative and then provide sufficient conditions for nurse liberalization welfare enhancing. We also provide a necessary and sufficient condition for trade liberalization welfare enhancing.