Trade policy and economic welfare - Corden, W. M., (Warner Max) (Clarendon Press, 1997)
Includes bibliographical references and indexes
Introduction -- The theory of domestic divergences -- The four assumptions of the theory of domestic divergences -- Trade taxes as sources of government revenue -- Protection and income distribution -- The terms of trade argument for taxes on trade -- Monopoly, market structure and economies of scale -- The infant industry argument -- Protection and capital accumulation -- Some dynamic aspects of trade policy -- Protection and foreign investment -- Optimal tariff dismantling -- The environment and trade policy -- Strategic trade policy -- The exchange rate, trade policy, and the current account -- Conclusion
Expounding the normative theory of trade policy, this text sets out a framework for analysing trade and other intervention policies in the presence of domestic distortions