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At present there are 1425 tariff rate quotas (TRQs) notified by member countries to the World Trade Organization. TRQs were provided for in the Uruguay Round as a trade policy instrument to guarantee minimum market access for politically sensitive agricultural imports, and in some cases to...
Persistent link: https://www.econbiz.de/10009443356
Many studies show that Tariff Escalation (TE) lowers export shares in many of theprocessing sectors, given their higher level of protection. However, there are instances when the export shares of processed sectors are higher despite the existence of TE. We examine both these contrasting cases of...
Persistent link: https://www.econbiz.de/10009444354