On the functional relationship between tariffs and welfare

dc.contributor.author	Tower, Edward	en_US
dc.date.accessioned	2010-03-09T15:33:56Z
dc.date.available	2010-03-09T15:33:56Z
dc.date.issued	1975	en_US
dc.identifier.uri	http://hdl.handle.net/10161/1959
dc.description.abstract	This paper uses a model of trade in two commodities between two countries to establish the following proposition. If the foreign offer curve has no points of inflection and if for each home rate of duty the equilibrium most favorable to the home country is selected (or else there is only one equilibrium), then as the rate of duty increases from zero, home welfare first rises then declines while foreign welfare steadily falls.	en_US
dc.format.extent	1237415 bytes
dc.format.mimetype	application/pdf
dc.language.iso	en_US
dc.publisher	Journal of International Economics	en_US
dc.subject	equillibrium	en_US
dc.subject	international	en_US
dc.subject	welfare	en_US
dc.title	On the functional relationship between tariffs and welfare	en_US
dc.type	Journal Article	en_US
dc.department	Economics