On the Optimal Trade Tariffs among Nations - Open Access Library Journal

OALibJ > Vol.5 No.6, June 2018

On the Optimal Trade Tariffs among Nations ()

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DOI: 10.4236/oalib.1104641 558 Downloads 1,348 Views Citations

Author(s)

Luis F. Copertari

Affiliation(s)

Computer Engineering Program, Autonomous University of Zacatecas (UAZ), Zacatecas, Mexico.

ABSTRACT

An optimization model for calculating trade tariffs based on the idea of a zero-balanced trade account for countries around the world is proposed. Specifically, countries in the G20 group of nations were analyzed. The results are scrutinized and reflected upon, and some ideas about policy to follow are proposed. Both the mercantilist and Keynesian points of view are considered.

KEYWORDS

Optimization, Linear Programming, Trade, Tariffs

Share and Cite:

Copertari, L. (2018) On the Optimal Trade Tariffs among Nations. Open Access Library Journal, 5, 1-16. doi: 10.4236/oalib.1104641.

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