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Multilateral Tariff Negotiations when Production is Fixed

Author

Listed:
  • Méndez Naya, José

    (Universidade de A Coruña)

  • Méndez Naya, Luciano

    (Universidade de Santiago)

Abstract

This paper contributes to analysis of the extent to which multilateral trading agreements reached under GATT can liberalize the world economy. Its main conclusion is that free trade is not sustainable if production is fixed exogenously and utility is non-transferable. If production is fixed and utility is transferable, free trade is possible but is not necessary for maximization of welfare.

Suggested Citation

  • Méndez Naya, José & Méndez Naya, Luciano, 2002. "Multilateral Tariff Negotiations when Production is Fixed," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 17, pages 811-825.
    • Handle: RePEc:ris:integr:0221
    as

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    More about this item

    Keywords

    International Trade; Trade Negotiations; Imperfect Competition;
    All these keywords.

    JEL classification:

    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration

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