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A Second Elementary Proposition Concerning the Formation of Customs Unions |
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| Authors: | Murray C Kemp & Koji Shimomura |
| Institution: | University of New South Wales,;Kobe University |
| Abstract: | The conclusions of the 1976 Kemp–Wan proposition are shown to be valid even if, after the formation of a customs union, the tariff vectors of some non-member countries are optimally chosen. JEL Classification Numbers: F02, F12, F13, F15. |
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