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Welfare and the East African common market: some observations

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journal contribution
posted on 2024-09-05, 23:29 authored by S Chand
This paper is essentially about the production-effect and its fundamental importance in assessing the gains and losses incurred by members of a customs union. There are two basic ingredients in any assessment of the implications that a customs union has for welfare and these are the pre- and post-union patterns of production and tariffs. A customs union involves the extension of the respective members' pre-union geographically discriminary tariffs so as to cover the union area.

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Makerere University

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East Africa

Language

en

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    Makerere University, Uganda

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