The Intra-Bloc Trade of Benelux
P. J. Verdoorn
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P. J. Verdoorn: Centraal Planbureau
Chapter Chapter 19 in Economic Consequences of the Size of Nations, 1960, pp 291-329 from Palgrave Macmillan
Abstract:
Abstract 1.1 From the economic point of view the ultimate aim of a customs union is not to foster trade for its own sake, but to increase economic welfare by removing trade restrictions. No increase can, however, be anticipated without a change in the pattern of trade. An investigation of these changes in pattern is therefore necessary as a preliminary step before proceeding to estimate the welfare effects upon the countries considered or the world as a whole. Only the changes in trade pattern fall within the scope of this paper.
Keywords: Comparative Advantage; Foreign Trade; Total Export; Supply Curve; Custom Union (search for similar items in EconPapers)
Date: 1960
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-15210-0_19
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DOI: 10.1007/978-1-349-15210-0_19
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