Bouet, Antoine; Laborde, David - International Food Policy Research Institute (IFPRI) - 2008
Round and a subsequent rush into protectionism. For example, in a scenario where the applied tariffs of major economies … scenario where countries would raise tariffs to maximum rates applied during the past 13 years, world trade would decrease by 3 … billion under the more modest scenario. While such an increase in duties would particularly impact agricultural exports (–6 …