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Consumption and Welfare Aspects
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American argued assumption average balance of payments Benelux capital movements cent ceteris paribus chap Common Market countries competition complementarity comune considerations consumption effects contribute coordination cost coun countries participating customs union demand differences discussion disparities domestic economic integration economies of scale Economique efficiency equalization establishment Europe European Common Market European Economic example exchange rates exports external economies factor movements financing firms foreign Free Trade Association free-trade area Gehrels greater growth harmonization higher ibid impact importance income redistribution increase industries integrated area integration projects intercountry International interregional intra-union investment Jacob Viner labor large-scale Latin America latter manufacturing measures member countries ment migration monetary national income nomic output participating countries plant possible problems production effects redistribution reduce regard regional restrictions result Scitovsky social charges static tariff tariff levels Theory third countries Tibor Scitovsky tion trade creation trade diversion underdeveloped United various Viner wage welfare