An Elementary Tariff Reform for a Free Trade Area
Martin Richardson ()
Foreign Trade Review, 2023, vol. 58, issue 1, 38-44
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 â€˜towardsâ€™ a Kemp-Wan customs union. JEL Codes: F02, F13, F15
Keywords: Tariff reform; free trade area; Pareto improvement (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:sae:fortra:v:58:y:2023:i:1:p:38-44
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