Trade Creation
Dublin Core
Title
Trade Creation
Description
Trade flows are redirected due to the formation of a free trade area or a customs union.
Creator
Jacob Viner
Source
The Customs Union Issue
Date
1950
Text Item Type Metadata
Text
"Where the trade-creating force is predominant, one of the member must benefit, both may benefit, the two combined must have a net benefit, and the world at large benefits; but the outside world loses, in the short run at least, and can gain in the long-run only as the result of the general diffusion of the increased prosperity of the customs union area. "
Collection
Citation
Jacob Viner, “Trade Creation,” History of Economics, accessed April 17, 2026, https://www.historysandd.margobergman.org/items/show/53.