Multilateral Tariff Negotiations when Production is Fixed

José Méndez Naya () and Luciano Méndez Naya
Additional contact information
José Méndez Naya: Universidade de A Coruña, Postal: Facultade de Ciencias Económicas y Empresariales. Campus de Elv a s/n (15071) A Coru a Spain.
Luciano Méndez Naya: Universidade de Santiago

Journal of Economic Integration, 2002, vol. 17, 811-825

Abstract:

This paper contributes to analysis of the extent to which multilateral trading agreements reached under GATT can liberalize the world economy. Its main conclusion is that free trade is not sustainable if production is fixed exogenously and utility is non-transferable. If production is fixed and utility is transferable, free trade is possible but is not necessary for maximization of welfare.

Keywords: International Trade; Trade Negotiations; Imperfect Competition (search for similar items in EconPapers)
JEL-codes: F12 F13 F15 (search for similar items in EconPapers)
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:ris:integr:0221

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