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Atlantic Economic Journal

, Volume 30, Issue 2, pp 209–212 | Cite as

A note on customs unions vs. non-preferential tariffs

  • Yeong-Her Yeh
Articles
  • 57 Downloads

Abstract

It has been shown by Cooper and Massell [1965] that making a non-preferential tariff reduction is always superior to joining a customs union. The purpose of this paper is to show that if the country concerned is a large country, then joining a customs union is not necessarily inferior to making a non-preferential tariff reduction.

Keywords

International Economic Public Finance Large Country Custom Union Tariff Reduction 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

  1. Cooper, C. A. and Massell, B. F., “A New Look at Customs Union Theory,”Economic Journal, 75, December 1965, pp. 742–7.Google Scholar
  2. Lipsey, R. G., “The Theory of Customs Union: A General Survey,”Economic Journal, 70, September 1960, pp. 496–513.Google Scholar

Copyright information

© International Atlantic Economic Society 2002

Authors and Affiliations

  • Yeong-Her Yeh
    • 1
  1. 1.University of Hawaii at ManoaU.S.A.

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