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References

[1] Arrow, Kenneth and Robert Hahn (1971) “General CompetitiveAnaIysis^u, Holden-Day: San
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[2] Debreu, Gerard (1959) “Theory of Value", JohnWiIey, NewYork.

[3] Deltas, George, Klaus Desmet and Giovanni Facchini (2006) “Hub-and-Spoke Free Trade
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[4] Dixit (1985) “Tax Policy in Open Economies,” Handbook of Public Economics, Vol. 1, pp.
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[5] Feenstra, Robert (2004) Advanced International Trade: Theory and Evidence, Princeton,
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[6] Furusawa, T., and H. Konishi (2007) “Free Trade Networks,” Journal of International Eco-
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[7] Gale, D. and A. Mas-Colell (1975) “An Equilibrium Existence Theorem for a General Model
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[8] Goyal, Sanjeev and S. Joshi (2006) “Bilateralism and free trade", International Economic
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[9] Grandmont J. M. and D. McFadden (1972) “A Technical Note on Classical Gains from
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[10] Grinols, Earl L. (1981) “An Extension of the Kemp-Wan Theorem on the Formation of
Customs Unions,” Journal of International Economics 11, pp. 259-266.

[11] Grinols, Earl L. and Kar-yiu Wong (1991) “An Exact Measure of Welfare Change," The
Canadian Journal of Economics 24, pp. 428-449.

[12] Grinols, Earl L. and Peri Silva (2007) “An Enhancementof Modern Free TradeArea Theory",
Oxford Economic Papers 59, pp. 219-225.

[13] Hammond, Peter and Jaime Sempere (1995) “Limits to the Potential Gains from Eco-
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43, pp.1180-1204.

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