Saggi, Kamal; Murat Yildiz, Halis - In: Indian Growth and Development Review 2 (2009) 1, pp. 5-17
customs unions (CUs) on member and non‐member countries when tariffs of both members and non‐members are endogenously … to lower tariffs on non‐members relative to that under most favored nation (MFN). Design/methodology/approach – The paper … gain, their external tariff needs to be greater than this threshold but smaller than twice their MFN tariffs. Outside this …