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The Theory of Customs Unions

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International Trade and Payments
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Abstract

Customs union theory is a new sector of the theory of tariffs. Born in 1950, it is now a lusty, if somewhat untidy, child. One book gave it life, Viner’s The Customs Union Issue. It has received later stimulus from the writings of Meade, Lipsey and others.1

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Notes

  1. J. Viner, The Most Favoured Nations Clause’, International Economics ( Glencoe, Ill.: The Free Press, 1951 ), p. 102.

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  2. G. Haberler, The Political Economy of Regional or Continental Blocs’, in Seymour Harris, ed., Postwar Economic Problems (New York, 1943 ), p. 344.

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  3. C. A. Cooper and B. F. Massell, A New Look at Customs Union Theory’, EJ (December 1965).

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  4. J. Vanek, International Trade: Theory and Economic Policy ( Homewood, Ill.: Richard D. Irwin, 1962 ), pp. 346–59.

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  5. A. Lamfalussy, ‘Europe’s Progress: Due to Common Market’, Lloyds Bank Review, October 1961.

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© 1974 W. M. Scammell

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Scammell, W.M. (1974). The Theory of Customs Unions. In: International Trade and Payments. Palgrave, London. https://doi.org/10.1007/978-1-349-01555-9_8

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