Yanase, Akihiko; Kurata, Hiroshi - 2014
externalities in the presence of a preferential trade agreement (PTA) in a three-country world. In particular, we examine how a PTA … the several forms of PTAs, we focus on free trade areas (FTAs), where each member country chooses its external tariffs … independently. We build a three-country oligopolistic trade model by incorporating the endogenous determination of standards by …