TOWARD A GENERAL THEORY OF CUSTOMS UNIONS FOR DEVELOPING COUNTRIES,
RAND CORP SANTA MONICA CALIF
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An attempt is made to lay a corner-stone for a general theory of customs unions in less-developed countries. No attempt is made to examine the conditions under which a protectionist policy makes good sense rather industrialization is accepted as a legitimate policy goal, and membership in a customs union is considered as a means toward a desirable economic end.