Comecon: A “Trade-Destroying” Customs Union?
In traditional theory the nations forming a customs union reduce barriers among themselves but maintain tariffs against nonmembers at the pre-customs-union level. This leads to trade creation and/or trade diversion. It is argued here that the formation of Comecon led to trade destruction and that th...
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| Veröffentlicht in: | Journal of Comparative Economics 1985-12, Vol.9 (4), p.410-423 |
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| Format: | Artikel |
| Sprache: | eng |
| Online-Zugang: | Volltext |
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