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delayed pass-through of tariffs into import prices could cause such prolonged differential import growth. We examine how …
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On 1 January 2024, Switzerland will implement a major trade policy reform by autonomously eliminating all tariffs on … elimination of industrial tariffs will reduce the net fiscal burden on imports by around CHF 600 million per year. In addition …
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We show that multilateral tariff binding liberalization substantially impacts the nature and extent of Preferential Trade Agreement (PTA) formation. First, it shapes the nature of forces constraining expansion of Free Trade Agreements (FTAs). The constraining force is a free riding incentive of...
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