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Domestic Distortions

In: Developments of International Trade Theory

Author

Listed:
  • Takashi Negishi

    (The Japan Academy)

  • Takashi Negishi

    (The University of Tokyo)

Abstract

Both countries can gain in welfare from international trade between them. The level of welfare in each country is higher than in autarky. The gains from trade in this sense have often been discussed so far.

Suggested Citation

  • Takashi Negishi & Takashi Negishi, 2014. "Domestic Distortions," Advances in Japanese Business and Economics, in: Developments of International Trade Theory, edition 2, chapter 0, pages 93-98, Springer.
  • Handle: RePEc:spr:advchp:978-4-431-54433-3_13
    DOI: 10.1007/978-4-431-54433-3_13
    as

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