Evaluating trade reform with many consumers
In this paper we look at the welfare effects of trade reform in the many-consumers case. We show that Pareto-improving reforms with lump-sum taxation or with non-lump-sum taxation are possible in the small country case if sufficient conditions for welfare to rise in the single-consumer case are met.
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Volume (Year): 33 (2000)
Issue (Month): 3 (August)
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