Trade Restriction and Welfare
1972 (English)Report (Other academic)
This paper presents within a uniform framework the basic propositions of trade policy and welfare. It discusses free trade and trade restriction in a Pareto-optimum situation as well as under distortions of some of the optimum conditions; and in a static position, with given data, as well as in the context of a changing economy. The propositions are derived consistently from the principle of revealed preference, thus freeing the analysis from the very light straight-jacket imposed on it by the more common use of community indifference curves.
Place, publisher, year, edition, pages
Stockholm: IIES , 1972. , 102 p.
Seminar Paper / Institute for International Economic Studies, Stockholm University, ISSN 0347-8769 ; 023
IdentifiersURN: urn:nbn:se:su:diva-41213OAI: oai:DiVA.org:su-41213DiVA: diva2:329025