A Second Elementary Proposition Concerning the Formation of Customs Unions
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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|Date of creation:||1998|
|Date of revision:|
|Contact details of provider:|| Postal: THE UNIVERSITY OF NEW SOUTH WALES, SCHOOL OF ECONOMICS, P.O.B. 1 KENSINGTON, NEW SOUTH WALES 2033 AUSTRALIA.|
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