Jacob Viner

Jacob Viner was a prominent economist and a key figure in the development of international trade theory in the 20th century. He is best known for his work on the concept of "economic welfare" and the effects of trade policies. Viner introduced the idea of "customs unions" and analyzed how they impact trade between countries. His research helped clarify the relationships between trade, tariffs, and domestic economic outcomes. Viner's contributions continue to influence economists and policymakers in understanding the complexities of international economics and trade agreements today.