This study considers endogenous determination of domestic standards on products that cause negative consumption externalities in the presence of a preferential trade agreement (PTA) in a three-country world. In particular, we examine how a PTA affects the optimal levels of external tariffs and...

The problem of economic integration is treated from a purely theoretical standpoint in a manner which far exceeds in thoroughness any prior attempt to deal with this problem in a similar fashion.Originally published in 1961.The Princeton Legacy Library uses the latest print-on-demand technology...

We study the endogenous formation of climate coalitions linked to a preferential free trade arrangement. In a multi-stage strategic trade and participation game, coalition and fringe countries dispose of a discriminatory tariff on dirty imports as well as emission permits imposed on domestic...