The conclusions of the 1976 Kemp-Wan proposition are shown to be substantially valid even if all tariff vectors, both pre-uion and post-union, are optimally chosen.
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Paper provided by New South Wales - School of Economics in its series Papers with number
98/09.
Length: 7 pages Date of creation: 1998 Date of revision: Handle: RePEc:fth:nesowa:98/09
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Find related papers by JEL classification: F02 - International Economics - - General - - - International Economic Order; Noneconomic International Organizations;; Economic Integration and Globalization: General F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations F15 - International Economics - - Trade - - - Economic Integration
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