The Size of the Nation and Its Vulnerability to Economic Nationalism
Orthodox economic advice is once more being spurned by the statesmen. The common market treaty has already been signed, and negotiations on the establishment of a European free trade area are moving rapidly towards a successful conclusion. The spectres of discrimination and trade diversion have been unable to block the path towards regional liberalization and to push the nations towards the high-road of world-wide liberalization under the auspices of the General Agreement on Tariffs and Trade or of the International Trade Organization.
KeywordsFree Trade Foreign Trade Trade Liberalization Regional Integration Custom Union
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- 1.See Jacob Viner, The Customs Union Issue, Carnegie Endowment for International Peace, New York, 1950.Google Scholar