Raimondos-Møller, Pascalis; Woodland, Alan D. - In: Canadian Journal of Economics 33 (2000) 1, pp. 25-40
In this paper we examine the issue of optimal tariffs for a small economy that trades with a large economy. We define "small" and "large" in the sense that the world prices are determined solely by the large country, and, therefore, the small country faces exogenously given world prices. Within...
