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The Intra-Bloc Trade of Benelux

  • P. J. Verdoorn
Chapter
Part of the International Economic Association Conference Volumes book series (IEA)

Abstract

1.1 From the economic point of view the ultimate aim of a customs union is not to foster trade for its own sake, but to increase economic welfare by removing trade restrictions. No increase can, however, be anticipated without a change in the pattern of trade. An investigation of these changes in pattern is therefore necessary as a preliminary step before proceeding to estimate the welfare effects upon the countries considered or the world as a whole. Only the changes in trade pattern fall within the scope of this paper.

Keywords

Comparative Advantage Foreign Trade Total Export Supply Curve Custom Union 
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Notes

  1. 1.
    The general principles followed when fixing the uniform tariffs are described by J. E. Meade: ‘Benelux, The Formation of the Common Customs’, Economica, August 1956, p. 205.Google Scholar
  2. 1.
    Compare for a recent contribution to the theory of consumer demand with particular reference to the influence of promotional effort: R. L. Basmann, ‘A theory of demand with variable consumer preferences’, Econometrica, Vol. 24, No. 1, Jan. 1956, pp. 47–58.CrossRefGoogle Scholar
  3. 1.
    A detailed account of the successive Benelux agreements is presented by J. E. Meade, Negotiations for Benelux: An annotated chronicle 1943–1956 (Princeton, 1956).Google Scholar
  4. 1.
    J. J. Polak in Economisch-Statistische Berichten, Vol. 38, No. 1907, Dec. 10, 1953, pp. 1010–12.Google Scholar
  5. 1.
    Compare: F. Lutz, ‘Methoden des internationalen Zollvergleichs’, Magazin der Wirtschaft, No. 4, 1928, p. 1207.Google Scholar
  6. A. Loveday, ‘The Measurement of Tariff Levels’, Journal of the Royal Statistical Society, No. 92, 1929, p. 487.Google Scholar

Copyright information

© International Economic Association 1960

Authors and Affiliations

  • P. J. Verdoorn
    • 1
  1. 1.Centraal PlanbureauThe HagueThe Netherlands

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