-1973. About three-quarters of the post-Smoot Hawley decline in U.S. tariffs, for example, can be attributed to higher import …

and in imposing tariffs on imports from imperfectly competitive foreign firms. Although the optimal response to foreign …. If ad valorem tariffs or subsidies are considered, a subsidy is optimal if the elasticity of demand increases as …. Noncooperative international policy equilibrium will be characterized by export cartels and rent-extracting tariffs …

We investigate the effects of higher tariffs on the current account.Tariffs may increase or decrease investment … depending on the capital intensity of the sector protected. We find that ther esponse of saving to tariffs issensitive to the …), saving fallswith higher tariffs. This result may, however, be reversed in the Blanchard-Yaarj type model in which consumers …

We study unanticipated tariffs on imports of intermediate goods in a setting with firm-to-firm supply relationships …

In theory, we should expect tariffs to be partially offset by a currency appreciation in the tariff-imposing country or … by a depreciation in the country on which the tariff is imposed. We find, based on a calibrated model, that the tariffs … the dollar and the renminbi. We find that tariffs explained at most one fifth of the dollar effective appreciation but …

manufactured goods tariffs that time paths of tariff reductions became a substantive part of GATT agreements. Existing empirical … work has demonstrated that U.S. industries with high initial tariffs tended to receive long periods for tariff adjustment ….S. tariffs and little intra-industry trade are associated with long NAFTA phase-out periods for U.S. imports from Mexico. Mexico …