Abstract
We shall concentrate in this chapter on tariffs, examining them in a general equilibrium framework. We shall not deal explicitly with the other trade policy instruments that we met in Chapter 10. There is however an important result — the Lerner Symmetry Theorem — which allows us to extend the results we shall obtain for tariffs to other price-based instruments. We shall discuss this theorem at the end of the chapter.
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© 1994 Bo Södersten and Geoffey Reed
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Södersten, B., Reed, G. (1994). The General Equilibrium Analysis of Trade Policy. In: International Economics. Palgrave, London. https://doi.org/10.1007/978-1-349-15030-4_11
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DOI: https://doi.org/10.1007/978-1-349-15030-4_11
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-76365-0
Online ISBN: 978-1-349-15030-4
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