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The Essentials of Economic Integration pp 253–285Cite as

Palgrave Macmillan

Customs Union Theory Extended to Free Trade Areas

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Part of the book series: Trade Policy Research Centre ((TPRC))

Abstract

The purpose of this chapter is to provide a survey of the theory of customs unions as it stands, keeping the analysis as simple as possible, and to offer some additional analysis of the peculiarities of free trade areas in a final section.1

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Notes

  1. Jacob Viner, The Customs Union Issue (New York: Carnegie Endow¬ment for International Peace, 1950).

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  2. James E. Meade, The Theory of International Economic Policy: Trade and Welfare (London: Oxford University Press, 1955); also The Theory of Customs Unions (Amsterdam: North-Holland, 1956); Richard G. Lipsey, “The Theory of Customs Unions: Trade Diversion and Welfare”, Economica, London, vol. XXIV, 1957; F. Gehrels, “Customs Unions from a Single Country Viewpoint”, Review of Economic Studies, Cambridge, vol. XXIV, 1957.

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  3. Harry G. Johnson, Money, Trade and Economic Growth (London: Allen & Unwin, 1962).

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  4. Tibor Scitovsky, Economic Theory and Western European Integration (London: Allen & Unwin, 1958).

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  5. Paul Streeten, Economic Integration: Aspects and Problems (Leyden: Sijthoff, 1964).

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  6. Hirofumi Shibata, “The Theory of Economic Unions: a Comparative Analysis of Customs Unions, Free Trade Areas and Tax Unions”, in Carl S. Shoup (ed.), Fiscal Harmonization in Common Markets (New York and London: Columbia University Press, 1967).

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  7. An amended version of this paper appears in Peter Robeson (ed.), International Economic Integra¬tion (Harmondsworth: Penguin Books, 1971), pp. 68–87.

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Author information

Authors and Affiliations

  1. Institut Universitaire d’Études Européennes, University of Geneva, Geneva, Switzerland

    Victoria Curzon (specialist on international economic relations, lecturer)

Authors
  1. Victoria Curzon
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Copyright information

© 1974 Palgrave Macmillan, a division of Macmillan Publishers Limited

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Curzon, V. (1974). Customs Union Theory Extended to Free Trade Areas. In: The Essentials of Economic Integration. Trade Policy Research Centre. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-02068-3_11

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