TY - BOOK AU - Lipsey,Richard G. TI - The theory of customs unions: a general equilibrium analysis SN - 0297001132 AV - HF1713 .L53 U1 - 382.7'0184 PY - 1970/// CY - London PB - Weidenfeld & Nicolson KW - Customs unions N1 - Bibliography: p. 169-170 N2 - The theory of customs union may be defined as the theory of geographically discriminatory reductions in tariffs. This thesis is a study of the effects of such tariff reductions on the efficiency of the allocation of the world's resources or, what is the same thing, their effect on the level of welfare through-out the world ER -