Abstract
We develop necessary conditions for welfare improving reforms. We show that our work may be useful in evaluating the desirability of preferential trading areas ( PTAs) and reforming Article XXIV of GATT. The conditions that no country necessarily loses from world trade reform are also derived.
Original language | English (US) |
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Pages (from-to) | 173-178 |
Number of pages | 6 |
Journal | Economics Letters |
Volume | 67 |
Issue number | 2 |
DOIs | |
State | Published - May 2000 |
All Science Journal Classification (ASJC) codes
- Finance
- Economics and Econometrics