We develop necessary conditions for welfare improving reforms. We show that our work may be useful in evaluating the desirability of preferential trading areas ( PTAs) and reforming Article XXIV of GATT. The conditions that no country necessarily loses from world trade reform are also derived.
|Original language||English (US)|
|Number of pages||6|
|State||Published - May 2000|
All Science Journal Classification (ASJC) codes
- Economics and Econometrics