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Some studies find that trade in the Eurozone has risen substantially, but compared with the control group of nations that stayed out, Baldwin finds the effect is:
Liable
Being legally responsible or obligated to make amends for harm caused to another person or property.
Drawee
The party upon whom a check, draft, or other negotiable instrument is drawn and is expected to pay.
Drawer
In banking and finance, the person who writes or issues a check or draft.
Payee
The individual or entity to whom a payment is made or owed, especially noted in the context of checks or promissory notes.
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