Normative comparisons of customs unions and other types of free trade association

Murray C. Kemp

doi:10.1016/j.ejpoleco.2007.04.001

Normative comparisons of customs unions and other types of free trade association

Murray C. Kemp

Department of Economics

Research output: Contribution to journal › Article › peer-review

10 Citations (Scopus)

Abstract

In the present paper it is shown that the Kemp–Wan proposition concerning customs unions can be extended to cover free trade associations other than customs unions and that sense can be made of the common conjecture that a customs union is more beneficial or less harmful to the world economy than a comparable but distinct free trade association that is not also a customs union.

Original language	English
Pages (from-to)	416-422
Number of pages	7
Journal	European Journal of Political Economy
Volume	23
Issue number	2
DOIs	https://doi.org/10.1016/j.ejpoleco.2007.04.001
Publication status	Published - 2007

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10.1016/j.ejpoleco.2007.04.001

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AB - In the present paper it is shown that the Kemp–Wan proposition concerning customs unions can be extended to cover free trade associations other than customs unions and that sense can be made of the common conjecture that a customs union is more beneficial or less harmful to the world economy than a comparable but distinct free trade association that is not also a customs union.

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Normative comparisons of customs unions and other types of free trade association

Abstract

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