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An Elementary Tariff Reform for a Free Trade Area

Martin Richardson ()

Foreign Trade Review, 2023, vol. 58, issue 1, 38-44

Abstract: In this note I identify a simple Pareto-improving tariff reform for two countries in a free trade area, motivated by the approach in Kemp and Wan (1976), involving a move ‘towards’ a Kemp-Wan customs union. JEL Codes: F02, F13, F15

Keywords: Tariff reform; free trade area; Pareto improvement (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1177/00157325221107294

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