tariffs, nonauctioned import quotas (with rents accruing to domestic firms) and voluntary export restraints (with rents … costs of these policies, f{fn possibly by over several hundred percent! In the case of import tariffs, much of this … between revenue-neutral tariffs and import quotas is dramatic at modest levels of import reduction, but declines to zero as …

claimants. Later they may collect a part or full rents from the retailers through two-part tariffs. …

should be eliminated. Bhagwati’s theorem of the non-equivalence of tariffs and quotas leads to the conclusion that under … imperfect competition, market access can be improved by converting TRQs into single tariffs. In order to find the ‘new’ tariff … empirical evidence from auctions of TRQs in Switzerland that the observed auction prices are below the equivalent tariffs. This …