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In this paper, we consider a three-stage game in the context of a competing exporters model to compare and contrast the effects of discriminatory and uniform (Most Favored Nation, MFN) tariffs on countries' choice over environmental standards for varying degrees of pollution spillovers. Because...
Persistent link: https://www.econbiz.de/10005023042
We determine the impact of free trade on the sustainability of an international environmental agreement (IEA) and incorporate it into the assessment of the net benefits of opening up to free trade. We show that such an analysis can reverse the conclusions reached within a standard one-shot game...
Persistent link: https://www.econbiz.de/10008671560
Persistent link: https://www.econbiz.de/10008285589
Purpose – The purpose of this paper is to evaluate and contrast the welfare effects of free trade agreements (FTAs) and customs unions (CUs) on member and non‐member countries when tariffs of both members and non‐members are endogenously determined. It also aims to provide sufficient...
Persistent link: https://www.econbiz.de/10014758921