An Elementary Tariff Reform for a Free Trade Area

FOREIGN TRADE REVIEW（2023）

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摘要

In this note I identify a simple Pareto-improving tariff reform for two countries in a free trade area, motivated by the approach in Kemp and Wan (1976), involving a move 'towards' a Kemp-Wan customs union.

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关键词

Tariff reform, free trade area, Pareto improvement

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