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Executive Summary

Intermediation in international trade is a topic which has received large interest in the last few years. An empirical literature has arisen documenting the important role played by wholesalers and distributors in mediating international trade. Indeed, Akerman (2010) shows that half of Swedish exporting firms are wholesalers, although they only comprise 15% of export volume. Blum et al. (2010) show that wholesalers account for 35% of Chilean imports. Bernard et al. (2010) show that for Italian data, wholesalers account for 11% of total export volume.

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