Toward a general theory of customs unions for developing countries

Expert InsightsPublished 1965

An analysis of the factors involved in formulating a general theory of customs unions for developing countries. The model (1) accepts industrialization as a legitimate policy goal for the less-developed countries; (2) regards tariff as a policy instrument rather than an exogenous variable; and (3) considers how membership in a customs union may enable a less-developed country to achieve more economically the ends served by protection.

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Toward a general theory of customs unions for developing countries. Santa Monica, CA: RAND Corporation, 1965. https://www.rand.org/pubs/papers/P2919-2.html.
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