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Countertrade As Trade Creation And Trade Diversion

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  • ABLA M. ABDEL-LATIF
  • JEFFREY B. NUGENT
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    Abstract

    "This paper analyzes countertrade as a special case of a customs union in which the countertrade agreement gives rise (as in customs union theory) to both trade-creating and trade-diverting effects. The net effects on welfare are ambiguous. A detailed case study from Egypt and brief examples from other countries illustrate the relevance of this interpretation". Copyright 1994 Western Economic Association International.

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    File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1465-7287.1994.tb00407.x
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    Bibliographic Info

    Article provided by Western Economic Association International in its journal Contemporary Economic Policy.

    Volume (Year): 12 (1994)
    Issue (Month): 1 (01)
    Pages: 1-11

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    Handle: RePEc:bla:coecpo:v:12:y:1994:i:1:p:1-11

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