Browsing College of Arts and Science by Subject "customs union"

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    • Is the WTO's Article XXIV Bad? 
      Mrazova, Monika; Vines, David; Zissimos, Ben (Vanderbilt University, 2009)
      This paper shows that the WTO's Article XXIV increases the likelihood of free trade, but may worsen world welfare when free trade is not reached and customs unions (CUs) form. We consider a model of many countries. Article ...