Trade Diversion
Dublin Core
Title
Trade Diversion
Description
Trade flow is diverted from actually cost-efficient partner state to less efficient one
Creator
Jacob Viner
Source
The Customs Union Issue
Date
1950
Text Item Type Metadata
Text
"Where the trade-diverting effect is predominant, one at least of the member countries is bound to be injured, both may be injured, the two combined will suffer a net injury, and there will be injury to the outside world and to the world at large."
Collection
Citation
Jacob Viner
, “Trade Diversion,” History of Economics, accessed April 17, 2026, https://www.historysandd.margobergman.org/items/show/54.