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Customs Unions and Free Trade Areas
Debaere, Peter Technical Note G-0624 / Published August 14, 2009 / 5 pages.
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Product Overview

This technical note lays out the welfare analysis of free trade areas and customs unions with trade creation and trade diversion. It also discusses some of their advantages and disadvantages.

  • Overview

    This technical note lays out the welfare analysis of free trade areas and customs unions with trade creation and trade diversion. It also discusses some of their advantages and disadvantages.

  • Learning Objectives